Bush Budget Would Let USPTO Raise, Keep Fees

Law360, New York (February 2, 2004, 12:00 AM EST) -- U.S. President George Bush U.S. proposed a new federal budget that would allow the Patent and Trademark Office to raise its fees and keep all the fees it collects in 2005.

The White House projects that the new arrangement will give the patent office a 2005 budget of $1.53 billion, a healthy increase over the $1.2 billion last year. If Congress refuses to authorize the hike in fees, the budget would be about $1.3 billion.

The temporary end of the diversion of patent fees would allow...
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