House Dems Want Sequestered $150M USPTO Fees Unlocked

Law360, New York (June 28, 2013, 5:10 PM EDT) -- The U.S. Patent and Trademark Office should be shielded from nearly $150 million in cuts from the Congress-mandated sequester budget reductions because the agency only collects revenue from patent fees and not government funding, three democratic lawmakers from the U.S. House of Representatives said Friday.

Democrat Reps. Zoe Lofgren, Mike Honda and Anna G. Eshoo of California introduced the Patents And Trademarks Encourage New Technology (PATENT) Jobs Act on Friday to allow the agency to be exempt from the cuts, according to their joint statement....
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