Important figures in patent reform, Senators Hatch and Leahy, have introduced general reform legislation in three consecutive Congressional sessions (1). Senator Leahy admits proposed amendments are not exactly the ‘compromise’ interested parties wanted, but asserts  it “makes important reforms to the outdated patent system” (2). Congress continues to push for reform, both because it will be the first major reform to Patent law in 55 years, and because it is seen as another avenue to strengthen a slow American economy (3).

Working in conjunction with other Senators, Hatch and Leahy came to a bipartisan agreement which now awaits further discussion on the Senate floor (4). In the House, Representatives Conyers, Berman and Smith are key figures representing Leahy’s efforts in the House.

Prior to summer, Conyers and Smith sponsored HR5322, The Patent and Trademark Funding Stabilization Act of 2010 (5) in an effort to deal with one part of the greater reform initiative by allowing the Director fee adjustment authority.

Although debate did not commence prior to the break in session, some have their misgivings regarding the Stabilization Act stating that it cannot take the place of a more generalized reform package (6).

Footnotes