House Judiciary Committee Chairman, Lamar Smith, today announced a compromise on the “fee diversion” provision of The America Invents Act (H.R. 1249).
IBM supports the compromise and encourages the House of Representatives to act swiftly and approve H.R. 1249.
“We are very pleased that Chairman Lamar Smith and his colleagues today have achieved a reasonable compromise on the fee diversion provision, clearing the path for House floor consideration of the America Invents Act. As the leading recipient of U.S. patents for 18 consecutive years, IBM strongly supports the legislation and urges speedy passage on the House floor,” said Christopher A. Padilla, vice president of Government Programs for IBM.
For the past 18 years, IBM has been the leading recipient of U.S. patents and is the largest user of the U.S. Patent Office.