Promoting Startup Innovation Act

Bill: 113-hr-2236
Sponsor: full_name: Rep. Chabot, Steve [R-OH-1]
Introduced: 2013-06-04
Policy area: Commerce
Subjects: Administrative law and regulatory procedures

Department of Commerce

Intellectual property

Small business
Latest action: action_date: 2013-07-15
text: Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.

Summaries:
action_date: 2013-06-04
action_desc: Introduced in House
text: <p>Promoting Startup Innovation Act - Amends federal patent law to modify the definition of &quot;micro entity&quot; (certain small entities eligible for reduced patent fees) to require applicants to certify that they: (1) have not been named as an inventor on more than seven (currently, four) previously filed patent applications, subject to applicable exceptions for applications filed in another country, provisional applications, or international applications under the Patent Cooperation Treaty; and (2) did not have gross income exceeding five times (currently, three times) the median household income in the preceding calendar year and have not transferred ownership interest in the application to an entity with gross income exceeding such limit.</p> <p>Requires the Director of the U.S. Patent and Trademark Office (USPTO) to approve or deny such applications within 45 days after the application is submitted.</p> <p>Applies such amended requirements to applications submitted on or after the enactment of this Act. </p>

tv_txt: I 113th CONGRESS 1st Session H. R. 2236 IN THE HOUSE OF REPRESENTATIVES June 4, 2013 Mr. Chabot (for himself, Ms. Lofgren , Ms. Eshoo , Ms. Chu , Mr. Farenthold , Mr. Chaffetz , and Mr. Coble ) introduced the following bill; which was referred to the Committee on the Judiciary A BILL To amend title 35, United States Code, to modify the definition of micro entity.

1. Short title This Act may be cited as the Promoting Startup Innovation Act . 2. Definition of micro entity (a) In general Section 123 of title 35, United States Code, is amended— (1) in subsection (a)— (A) in paragraph (2), by striking more than 4 and inserting more than 7 ; (B) in paragraph (3), by striking 3 times and inserting 5 times ; and (C) in paragraph (4), by striking 3 times and inserting 5 times ; and (2) by adding at the end the following: (f) Determinations on applications for status The Director shall approve or deny any application for status as a micro entity not later than 45 days after the date on which the application is submitted. . (b) Effective date The amendments made by this section shall apply with respect to applications for status as a micro entity that are submitted on or after the date of the enactment of this Act.