HR 2196 · 104th Congress · Science, Technology, Communications
National Technology and Advancement Act of 1995
Bill Progress
1
Introduced2
Committee✓
House Vote4
Senate✓
EnactedLatest: Became Public Law No: 104-113.(1996-03-07)
Plain Language Summary
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Technology Transfer Improvements Act of 1995 - Amends the Stevenson-Wydler Technology Innovation Act of 1980 regarding title to intellectual property arising from cooperative research and development agreements (CRADAs) to provide: (1) the collaborating partner with the option to choose an exclusive or nonexclusive license for a field of use for a resulting CRADA invention; (2) confidentiality of commercial information; and (3) limited Government use rights under specified circumstances, such as public health and safety needs. Provides, with regard to income distribution from intellectual property received by Federal laboratories, for: (1) agency payments of $2000 plus 15 percent of future royalties to the inventor, and payments to other contributing personnel; and (2) laboratory use of royalties for related research and other expenses.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
2 Democrats1 Republican