Today, the Senate Judiciary Committee has released their long-awaited version of patent legislation. The House has promoted several bills, namely the Innovation Act, over the last few years, including this year. The text of the Protecting American Talent and Entrepreneurship Act (PATENT Act) has yet to be released, but purportedly the measure would simply pleadings, establishes a non-presumptive fee shifting standard, and contains a university carve-out in the recovery of fees section.
A section-by-section version of the bill is here.
The Office of Federal Relations will continue to update information on this issue.