Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Leahy delays Senate committee vote on patent reform bill
WASHINGTON (8/9/14)--The Senate Judiciary Committee sent out notice Tuesday to postpone its scheduled 2:30 p.m. (ET) markup of a patent reform bill known as the Patent Transparency and Improvements Act (S. 1720).
 
The panel's chairman and bill's primary sponsor, Sen. Patrick Leahy (D-Vt.), has made it clear that he wants to move forward with a vote on the bill this spring.  The markup has been rescheduled for Thursday.  If any unexpected, further delays occur, however, it could push the committee's consideration of the bill to after a two-week Spring District Work Session that begins April 11.

The Credit Union National Association supports support the demand-letter language within S. 1720, which would aid credit unions and other businesses that have been targeted with financial threats through demand letters by bad actors who have been come to be referred to as "patent trolls."
 
Use the resource link to read the language of the bill.
Other Resources

S. 1720
RSS print
News Now LiveWire
Goodwill Industries latest to report data security breach http://t.co/gIaXNsT4Bk
13 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
15 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
15 hours ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
15 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
16 hours ago