New Senate Bill, Patent Act of 2015 Introduced
Today, key drafters of the America Invents Act introduced their own bipartisan patent reform bill in the Senate. (Senators, Grassley (R – Iowa), Leahy (D- Vt.); Coryn (R – Tx), Schumer (D -NY), Lee (R- UT), Hatch (R- UT), and Klobuchar (D – Minn.)). The bill entitled: Protecting American Talent and Entrepreneurship Act of 2015, or Patent Act of 2015 for short (here), is a compromise version of H.R. 9 (The Innovation Act). The bill wisely steers clear of the most extremist proposals of the Strong Act and House Bill.
Given the significant influence of the senators backing the Patent Act of 2015, and the attempt at compromise, it may be that there is hope for 2015 after all. Stay tuned.