PATENT Act, flood insurance for Sandy victims: This week in Congress

June 2, 2015

WASHINGTON (6/2/15)--With the U.S. Senate and House both in session this week, CUNA will be monitoring a patent reform markup, among other activities.

On Thursday, the Senate Judiciary Committee will hold a markup of the Protecting American Talent and Entrepreneurship (PATENT) Act (S. 1137). CUNA and its coalition partners will submit a letter for the record of the markup.

S. 1137 would call for civil penalties to be levied by the Federal Trade Commission in connection with patent assertion entities that engage in widespread demand letter abuse.

CUNA believes that patent reform should focus on the effect of patent demand letters on end users, rather than knowledge of the violator.

Other hearings on the schedule include:

  • Today, 10 a.m. (ET): Senate Banking Committee, “Perspectives on the Export-Import Bank of the United States;”
  • Today, 2 p.m. (ET): House Financial Services subcommittee on housing and insurance, “The National Flood Insurance Program: Oversight of Superstorm Sandy Claims;”
  • Wednesday, 10 a.m. (ET): House Financial Services Committee, “Examining the Export-Import Bank’s Reauthorization Request and the Government’s Role in Export Financing;”
  • Thursday, 10 a.m. (ET): Senate Banking Committee, “Oversight of the Export-Import Bank of the United States;”
  • Thursday, 1:15 p.m. (ET): Senate Homeland Security and Government Affairs regulatory affairs and federal management subcommittee, “Examining Practical Solutions to Improve the Federal Regulatory Process.”

 The House will also consider a number of bills this week under suspension of the rules, including the Transportation, Housing and Urban Development and Related Agencies Appropriations Act of 2016 (H.R. 2577) and the Commerce, Justice, Science and Related Agencies Appropriations Act of 2016 (H.R. 2578).