09.08.11

Leahy: America Invents Act Is Important For Economy, Job Creation

The U.S. Senate is now voting on a series of amendments to the Leahy-Smith America Invents Act, followed by a vote on final passage of the bill.

 

In a few moments, the Senate is going to have the opportunity to make significant reforms to our Nation’s patent system for the first time in more than half a century.  The America Invents Act is the product of extensive consideration.  For four Congresses, we have worked on this.  We have had dozens of hearings, weeks of Committee debate.  I have lost count of the hundreds of other meetings we have had.

This bill is an opportunity to show the American people that Democrats and Republicans can come together to enact meaningful legislation for the American people.  The time to do that is now. 

The only remaining issues in this long overdue reform are three amendments.  Each of them carry some merit.  In the past, I might have supported them, but this is a compromise.  No one Senator can have everything he or she may want.  The underlying issues have been debated.  The bill as written represents a bipartisan, bicameral agreement that should be passed without changes.  Any amendment to this bill risks killing it.

I would urge all senators, Republicans and Democrats alike, to join me, join senator Grassley, in opposing these amendments.  They are the final hurdles standing in the way of comprehensive patent reform.

This bill is important for our economy.  It’s important for job creation.  It’s a product of bipartisan and bicameral collaboration.  It’s the way our system is supposed to work.  I look forward to passing the bill and sending it directly to the President’s desk for his signature.

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