Patent Litigation Reform Bill Introduced in HouseOctober 30, 2013
Last week, a bipartisan group of Members lead by Congressman Bob Goodlatte (R-Va.), Chairman of the House Judiciary Committee, introduced the Innovation Act to address the purported increase in patent-related litigation. The bill, which was the subject of a hearing before the full House Judiciary Committee on Tuesday, Oct. 29, incorporates various aspects of several pieces of legislation that have been introduced on both sides of the Hill on issues ranging from heightened pleading requirements, fee shifting, and involuntary joinder to discovery reform, increased transparency of patent ownership, and improvements and technical corrections to the Leahy-Smith America Invents Act. Please click here for a section-by-section summary of the bill.
Early on as this bill was going through revisions, NSBA signed on to a letter urging Members to exercise extreme caution in proceeding with any legislation that has the potential to further weaken our patent system and requesting targeted hearings on the subject with testimony from a number of key stakeholders including small businesses. NSBA is now in the process of reviewing the above-mentioned legislation and considering weighing in to a greater degree. NSBA will continue to update its members on the specifics of this legislation and how it could impact America’s small business community.