Senate OKs USPTO Transfer Of Trademark Funds

Law360, New York (July 17, 2009, 3:42 PM EDT) -- The U.S. Senate has signed off on a bill proposed by Rep. John D. Conyers Jr., D-Mich., of the U.S. House of Representatives that would let the U.S. Patent and Trademark Office use up to $70 million of its trademark budget to help the agency avoid layoffs and fund its patent operations.

The measure, passed by the House earlier in July, was approved by the Senate on Thursday and aims to ease the budget woes at the USPTO caused by a steady decline in application filings....
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