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Senate Passes Bill To Ease USPTO Budget Woes

Law360 (June 25, 2009, 12:00 AM EDT) -- With the U.S. Patent and Trademark Office facing a potential budget shortfall due to a steep drop in application filings, the U.S. Senate has approved a bill aimed at giving the agency limited authority to dip into trademark funds for patent operations as a way to keep the agency from having to resort to layoffs.

The legislation, introduced by Senate Judiciary Chairman Patrick Leahy, D-Vt., and Sen. Jeff Sessions, R-Ala., was passed unanimously by the full Senate on Thursday, according to a spokeswoman for Leahy....
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