On 2026-07-28 02:36 PM, Tim Parenti wrote:
On Tue, 28 Jul 2026 at 14:20, Brooks Harris via tz<[email protected]> wrote:
Another subject that worries me is that the bill actually changes the
definition of time as prescribed by laws since 1918 and 1968. Doesn't this
risk confusion and legal disputes about the meaning of all timestamps?
No. It amends and repeals various parts of existing law, but that wouldn't
change how those laws have been "on the books" at points in the past.
While there can be certain exceptions within various
contexts, non-retroactivity is pretty strong as a generally accepted
principle of law.
--
Tim Parenti
Take, for example, a US Treasury Bill issued in the past. It states a
maturity date in the future in time terms when issued. When does it
mature if the those laws are changed? What, exactly, is the meaning of
the maturity timestamp? (I could be wrong.)
