Political Quotes

Melvin Watt: I thank the gentlewoman for yielding time. As the gentlewoman has indicated, I am the ranking member of the Subcommittee…

On the recordJune 22, 2011
I thank the gentlewoman for yielding time. As the gentlewoman has indicated, I am the ranking member of the Subcommittee on Intellectual Property of Judiciary, and I too supported reporting the bill favorably to the House floor. The problem is that the bill we may end up debating is not the bill that we reported favorably from the Judiciary Committee, and there are reasons for that. I understand what those reasons are, but if the amendment that is being offered as the manager's amendment passes, it will put us in a position where substantial people who supported the bill will be unable to do so. Here is the equation. One of the primary purposes for which there was a strong alliance of people and groups and interests supporting patent reform was that in the past fees that have been paid to the Patent and Trademark Office have gone through the appropriations process, and over the last 10 years almost $800,000 of those fees have been diverted to other purposes, other than the use of the Patent and Trademark Office. The effect of that is that there has been a hidden tax on innovation in our country. The United States Senate passed a bill that would end that diversion. They passed it by a vote of 85-4.…
Said by
Melvin Watt
North Carolina
Source
govinfo.gov
Jun 22, 2011

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