Senate Clears E-Signature Bill As Gramm Gives In On Consumer Protections.

Reports that the United States Senate passed a legislative bill on June 16, 2000 that authorizes the use of electronic signatures to close business deals over the Internet. Significance of the bill; Debate on privacy issues; Expectations of businesses over federal and state regulations that require the retention of paper financial records. INSET: E-Signature Bill Highlights.