Patent Law Updates | New Proposed Legislation
February 8, 2010
President Obama’s Proposed Budget for USPTO for FY 2011 Up by 23 Percent
USPTO Proposed Budget for Fiscal Year 2011
10-07, 2/1/2010
Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (“USPTO”) David Kappos has announced President Barack Obama’s $2.322 billion fiscal year 2011 (FY 2011) budget request for the USPTO. The proposed budget for next year is higher by 23 percent over the agency’s budget for the current year.
According to the USPTO, President Obama’s budget request for FY 2011 will support a five-year plan designed to enable the USPTO to achieve the strategic objectives laid out by Under Secretary Kappos and Commerce Secretary Gary Locke – a significant reduction in patent pendency periods…
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