The Senate Judiciary Committee again postponed its markup...
The Senate Judiciary Committee again postponed its markup of the Patent Transparency and Improvements Act (S-1720) Thursday amid stakeholder perceptions that time is running out for the bill. Committee Chairman Patrick Leahy, D-Vt., did not mention S-1720 during a committee…
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meeting Thursday, but in a statement said he’s “continuing work with other members of the committee to address constructive comments from both sides” on a compromise manager’s amendment to the bill. Leahy had planned to release the manager’s amendment in late April after what had been viewed as significant progress in negotiations over the recess (CD April 29 p6). Negotiations have since been bogged down over several controversial provisions, an industry lobbyist said. The committee will need to act on S-1720 soon to get it through the full Senate, the lobbyist said, saying there’s a limited pre-summer window to get legislation through before the midterm election campaign slows further action. CEA criticized the committee’s latest delay Thursday, with Senior Vice President-Government Affairs Michael Petricone saying in a statement that “every week the committee waits to take action, patent trolls siphon off another $1.5 billion from the U.S. economy.”