Patent Law Updates | New Proposed Legislation
July 29, 2010
New Jobs Initiative Restricts Foreign Access to Pending Patent Applications
Strategic Manufacturing & Job Repatriation Act
H.R. ______, 7/29/2010
The Strategic Manufacturing & Job Repatriation Act seeks to develop a national manufacturing strategy to create American jobs. The legislation, introduced by Rep. Frank Wolf (R-VA), would comprehensively align existing federal funding – at no new cost – to support job repatriation and manufacturing growth, study a new tax incentive to encourage repatriation, and bolster intellectual property protection.
It also builds on language Wolf had included in the fiscal year 2011 Commerce-Justice-Science (CJS) Appropriations bill directing the Commerce Department to launch a job repatriation initiative. Wolf is the ranking Republican on the CJS subcommittee.
Specifically, the legislation:
- Reconstitutes President Reagan’s…
To continue reading this article, subscribe now
It's FREE and only takes seconds
