Patents would be issued to whoever files applications first and the U.S. Patent and Trademark Office would be allowed to set its own fees under a measure introduced today in the U.S. House of Representatives.
The proposal, sponsored by Republican Lamar Smith of Texas, is similar to one passed by the Senate in a 95-5 vote on March 8. If approved and made law, it would mark a fundamental change in how patents are reviewed and the biggest revision to U.S. patent law since 1952.
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