Innovation Protection Act

Summary

Innovation Protection Act Establishes in the Treasury the United States Patent and Trademark Office Public Enterprise Fund (Public Enterprise Fund) to be used as a revolving fund by the Director of the U.S. Patent and Trademark Office (USPTO) without fiscal year limitation. Requires to be credited to or deposited in the Public Enterprise Fund: (1) appropriations for defraying the costs of USPTO activities; (2) fees collected under federal patent and trademark laws; and (3) any unobligated balances remaining in the Patent and Trademark Office Appropriation Account and in the Patent and Trademark Fee Reserve Fund. (Thus, replaces the Patent and Trademark Office Appropriation Account, eliminates the Patent and Trademark Fee Reserve Fund, and provides a source of permanent funding for the USPTO.) Requires fees collected by the Director to remain available to the Director until expended. Makes the Public Enterprise Fund available to cover: (1) ordinary and reasonable administrative, operating, and other expenses incurred by the Director for the continued operation of USPTO services, programs, activities, and duties relating to patents and trademarks; and (2) expenses incurred pursuant to obligations, representations, or other commitments of the USPTO. Requires the Director, on an annual basis, to: (1) report to Congress with operation and spending plans, including financial details and staff levels broken down by each major activity; (2) provide for an independent audit of USPTO financial statements; and (3) submit a budget to the President.

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Timeline

1. 16 April 2015

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 16 April 2015

   Introduced

   Sponsor introductory remarks on measure. (CR E524)

   Source: IntroReferral

3. 16 April 2015

   Introduced

   Introduced in House

   Source: IntroReferral

4. 16 April 2015

   Introduced

   Introduced in House

   Source: IntroReferral

5. 15 May 2015

   Referred

   Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 16 April 2015 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 16 April 2015

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 April 2015

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 April 2015

  Open at official source

Sponsors

• JOHN CONYERS · D · Sponsor
• F. SENSENBRENNER · R · Sponsor
• Rep. Nadler, Jerrold [D-NY-12] · D · Sponsor
• Trent Franks · R · Sponsor
• Rep. Lofgren, Zoe [D-CA-18] · D · Sponsor
• Doug Collins · R · Sponsor
• Theodore Deutch · D · Sponsor
• DANA ROHRABACHER · R · Sponsor
• Hakeem Jeffries · D · Sponsor
• Jared Polis · D · Cosponsor
• Jackie Speier · D · Cosponsor
• PETER DEFAZIO · D · Cosponsor
• Rep. DelBene, Suzan K. [D-WA-1] · D · Cosponsor
• Sen. Welch, Peter [D-VT] · D · Cosponsor
• Rep. Cohen, Steve [D-TN-9] · D · Cosponsor
• Rep. Chu, Judy [D-CA-28] · D · Cosponsor
• Sheila Jackson Lee · D · Cosponsor
• David Cicilline · D · Cosponsor
• Rep. Johnson, Henry C. "Hank" [D-GA-4] · D · Cosponsor
• Rep. Peters, Scott H. [D-CA-50] · D · Cosponsor
• Karen Bass · D · Cosponsor
• Cedric Richmond · D · Cosponsor
• Eric Swalwell · D · Cosponsor
• · hsju00 · Standing

Related records

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