H.R. 3141, To increase the amount in certain funding agreements relating to patents and nonprofit organizations to be used for scientific research, development, and education, and for other purposes

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

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H.R. 3141 would increase the amount in certain funding agreements relating to patents and nonprofit organizations to be used for scientific research, development, and education.

Detailed Summary

Increases to 15% (currently 5%) of a government-owned contractor-operated facility's annual budget, for facilities with annual budgets of less than $40 million, the amount of money from royalties or income earned during any fiscal year from a patent for a subject invention under a funding agreement that a nonprofit organization can keep for scientific research, development, and education consistent with the research and development mission and objectives of the facility.

Status of the Legislation

Latest Major Action: 7/24/2007: Referred to House committee. Status: Referred to the House Committee on the Judiciary.

Points in Favor

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Points Against

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