APR 15, 2015 | US
BSA Applauds Introduction of Innovation Protection Act
WASHINGTON, DC — April 16, 2015 —
BSA | The Software Alliance today praised introduction of the Innovation Protection Act (H.R. 1832). The bill provides permanent funding for the US Patent and Trademark Office and gives the agency autonomy over the fees it collects.
“A well-functioning Patent and Trademark Office is a key driver for our innovation economy,” said BSA President & CEO Victoria Espinel. “Ensuring the PTO has a steady stream of self-generated revenue will better position the agency as it continues to implement practices to strengthen the patent system, increase patent quality and protect innovation. We commend Ranking Member Conyers, Congressman Nadler, and all their cosponsors for their continued leadership on this important piece of legislation. We look forward to working with them to advance it through Congress.”
The legislation has garnered bipartisan cosponsors, including Judiciary Committee Ranking Member John Conyers (D-Mich.) and Reps. Jim Sensenbrenner (R-Wis.), Jerry Nadler (D-N.Y.), Trent Franks (R-Ariz), Zoe Lofgren (D-Calif.), Doug Collins (R-Ga.), Ted Deutch (D-Fla.), Dana Rohrabacher (R-Calif.) and Hakeem Jeffries (D-N.Y.).
BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the world’s most innovative companies, creating software solutions that spark the economy and improve modern life.
With headquarters in Washington, DC, and operations in more than 30 countries, BSA pioneers compliance programs that promote legal software use and advocates for public policies that foster technology innovation and drive growth in the digital economy.