Law360, New York (June 10, 2005, 12:00 AM EDT) -- The long awaited Patent Reform Act of 2005, H.R. 2795, has been introduced by Congressman Lamar Smith (R-TX), Chairman of the House Subcommittee on Courts, the Internet, and Intellectual Property. Not surprisingly, Congressman Smith's own June 8, 2005 press release informs us that this is not likely to be the final version of the bill:
"The bill is a good first-cut of what we envisioned when this process commenced. No doubt, it will undergo changes as we proceed to markup, " Smith concluded.