Comment of Senator Patrick Leahy (D-Vt.), Chairman, Senate Judiciary Committee, On Patent Legislation
May 21, 2014
We have been working for almost a year with countless stakeholders on legislation to address the problem of patent trolls who are misusing the patent system. This is a real problem facing businesses in Vermont and across the country.
Unfortunately, there has been no agreement on how to combat the scourge of patent trolls on our economy without burdening the companies and universities who rely on the patent system every day to protect their inventions. We have heard repeated concerns that the House-passed bill went beyond the scope of addressing patent trolls, and would have severe unintended consequences on legitimate patent holders who employ thousands of Americans.
I have said all along that we needed broad bipartisan support to get a bill through the Senate. Regrettably, competing companies on both sides of this issue refused to come to agreement on how to achieve that goal.
Because there is not sufficient support behind any comprehensive deal, I am taking the patent bill off the Senate Judiciary Committee agenda. If the stakeholders are able to reach a more targeted agreement that focuses on the problem of patent trolls, there will be a path for passage this year and I will bring it immediately to the Committee.
We can all agree that patent trolls abuse the current patent system. I hope we are able to return to this issue this year.
# # # # #
- Leahy: Grants Totaling $185,865 To Two Vermont Farms Will Advance Value-Added Farm Products, August 20, 2014
- Comments Of Senator Patrick Leahy (D-Vt., President Pro Tempore) On The Passing Of Former Senator Jim Jeffords, August 18, 2014
- Leahy Comments On Protests In Ferguson, Missouri, August 15, 2014
- Leahy Urges FCC To Reach Beyond The Beltway For Feedback On Net Neutrality , August 13, 2014