Amended USPTO funding legislation presented in Congress 21 May 10
Legislation that would allow the USPTO to intoduce an immediate 15% rise in its filing fees and prohibit Congress from diverting money from the office has been introduced into the House of Representatives. The Patent and Trademark Office Funding Stabilization Act of 2010 was tabled on Wednesday by John Conyers Jr, the chairman of the House Judiciary Committee, and Lamar Smith, the committee's ranking Republican. On Monday they had withdrawn proposed legislation bearing the same name after a number of organisations representing IP professionals criticised it because it did not provide for an end to diversion.
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