In contract actions, provides immunity for businesses including members of boards of directors who made substantial efforts and have used reasonable care to prevent or remedy damages associated with year 2000 date changes excluding computer developers or manufacturers; provides that noneconomic damages may not be awarded unless plaintiff is able to prove by a preponderance of the evidence that the defendant knew or should have known of the date-related failures; requires written notice to bring suit and allows the opportunity to fix related failures; provides that class action suits may only be brought if the aggregate claim for economic loss exceeds $150,000; and provides that all claims accrue from the effective date until January 1, 2006.
