BSA/The Software Alliance supports the Patents And...
BSA/The Software Alliance supports the Patents And Trademarks Encourage New Technology (PATENT) Jobs Act (HR-2582), which would exempt the U.S. Patent and Trademark Office (PTO) from federal budget sequestration, the group said Wednesday. PTO currently faces the loss of $150…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
million from its budget due to sequestration. The bill, introduced in late June by California Democratic Reps. Mike Honda, Zoe Lofgren and Anna Eshoo, will allow PTO to “continue self-funded operations critical to America’s innovation economy,” BSA said. It’s important for Congress to act quickly on the bill given PTO’s current backlog of more than 600,000 pending patent applications, the group said. “A funding cut would further exacerbate this problem,” BSA said in a letter to Honda, Lofgren and Eshoo. “We are also concerned it could delay the opening of much-needed new USPTO satellite offices in Denver, Dallas and Silicon Valley” (http://bit.ly/193q2bY). The bill has also received support from other industry trade groups, including the Internet Association and the Software & Information Industry Association.