color:redHtml> 08RS HB467
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HB 467 (BR 155) - T. Pullin, A. Wuchner, A. Koenig, T. Moore, S. Overly

     AN ACT relating to intellectual property.
     Create a new section of subchapter 90 of KRS Chapter 154 to establish the Intellectual Property Bank Program; place in Commerce Cabinet; provide that the purposes of program are to solicit unused intellectual property, such as patents and copyright, and license it to entrepreneurs for development; allow contracting with other entities to evaluate and assess intellectual property and facilitate the purposes of the section.


     HCS - Have the University of Kentucky and the University of Louisville collaboratively administer the program, rather than the Commerce Cabinet; delete provisions allowing cabinet to contract with other entities; clarify language on receiving intellectual property; allow universities five percent of any royalty resulting from use of the Intellectual Property Bank.

     Feb 6-introduced in House
     Feb 7-to Economic Development (H)
     Feb 26-posting waived
     Mar 6-reported favorably, 1st reading, to Calendar with Committee Substitute
     Mar 7-2nd reading, to Rules
     Mar 10-posted for passage in the Regular Orders of the Day for Tuesday, March 11, 2008
     Mar 11-3rd reading, passed 97-0 with Committee Substitute
     Mar 12-received in Senate
     Mar 14-to Economic Development, Tourism & Labor (S)

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