Managers Amendment S.515 Shows New Momentum
A letter was sent to Majority Leader Harry Reid today (here) by a bipartisan group of senators asking him to bring patent reform legislation to the Senate floor for a vote “as soon as possible.” The argument behind the push was that strengthening our patent system and spurring innovation and investment is an action we should take now to stimulate our economy.
An impressive 25 senators signed the letter, led by Senate Judiciary Committee chairman Patrick Leahy (D-Vt.) and Jeff Sessions (R-Ala.). As a reminder S.515 passed the Judiciary Committee last year.
With fall elections on the horizon, a no-cost stimulus may play to voters; of course we knew this was coming.The letter is closed with:
Patent reform is bipartisan legislation, supported by the Administration, that will improve the economy and create jobs without adding to the deficit.