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Public Law No: 115-273 (10/31/2018)

[115th Congress Public Law 273] [From the U.S. Government Publishing Office] [[Page 132 STAT. 4158]] Public Law 115-273 115th Congress An Act To direct the Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office, in consultation with the Administrator of the Small Business Administration, to study and provide recommendations to promote the participation of women, minorities, and veterans in entrepreneurship activities and the patent system, to extend by 8 years the Patent and Trademark Office's authority to set the amounts for the fees it charges, and for other purposes. <<NOTE: Oct. 31, 2018 - [H.R. 6758]>> Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, <<NOTE: Study of791Underrepresented Classes Chasing Engineering and Science Success Act of 2018.>> Underrepresented Classes Chasing Engineering and Science Success Act of 2018. SECTION 1. <<NOTE: 15 USC 1 note.>> SHORT TITLE. This Act may be cited as the ``Study of Underrepresented Classes Chasing Engineering and Science Success Act of 2018'' or the ``SUCCESS Act''. SEC. 2. FINDINGS; SENSE OF CONGRESS. (a) Findings.--Congress finds the following: (1) Patents and other forms of intellectual property are important engines of innovation, invention, and economic growth. (2) Many innovative small businesses, which create over 20 percent of the total number of new jobs created in the United States each year, depend on patent protections to commercialize new technologies. (3) Universities and their industry partners also rely on patent protections to transfer innovative new technologies from the laboratory or classroom to commercial use. (4) Recent studies have shown that there is a significant gap in the number of patents applied for and obtained by women and minorities. (b) Sense of Congress.--It is the sense of Congress that the United States has the responsibility to work with the private sector to close the gap in the number of patents applied for and obtained by women and minorities to harness the maximum innovative potential and continue to promote United States leadership in the global economy. SEC. 3. REPORT. (a) Study.--The Director, in consultation with the Administrator and any other head of an appropriate agency, shall conduct a study that-- (1) identifies publicly available data on the number of patents annually applied for and obtained by, and the benefits of increasing the number of patents applied for and obtained [[Page 132 STAT. 4159]] by women, minorities, and veterans and small businesses owned by women, minorities, and veterans; and (2) provides legislative recommendations for how to-- (A) promote the participation of women, minorities, and veterans in entrepreneurship activities; and (B) increase the number of women, minorities, and veterans who apply for and obtain patents. (b) Report.--Not later than 1 year after the date of the enactment of this Act, the Director shall submit to the Committees on the Judiciary and Small Business of the House of Representatives and the Committees on the Judiciary and Small Business and Entrepreneurship of the Senate a report on the results of the study conducted under subsection (a). SEC. 4. EXTENSION OF FEE-SETTING AUTHORITY. Section 10(i)(2) of the Leahy-Smith America Invents Act (Public Law 112-29; 125 Stat. 319; 35 U.S.C. 41 note) is amended by striking ``7- year'' and inserting ``15-year''. SEC. 5. DEFINITIONS. In this Act: (1) Administrator.--The term ``Administrator'' means the Administrator of the Small Business Administration. (2) Agency.--The term ``agency'' means a department, agency, or instrumentality of the United States Government. (3) Director.--The term ``Director'' means the Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office. Approved October 31, 2018. LEGISLATIVE HISTORY--H.R. 6758: --------------------------------------------------------------------------- HOUSE REPORTS: No. 115-966 (Comm. on the Judiciary). CONGRESSIONAL RECORD, Vol. 164 (2018): Sept. 25, considered and passed House. Oct. 11, considered and passed Senate. DAILY COMPILATION OF PRESIDENTIAL DOCUMENTS (2018): Oct. 31, Presidential statement. <all>