From the Alliance


Sep. 12, 2024

Innovation Alliance Interested Parties Memo on Historic Senate Markup of Pro-Patent Bills

TO: Interested Parties
FROM: Innovation Alliance
RE: Historic Senate Markup to Advance Three Bipartisan Pro-Patent Bills

On September 19, the Senate Judiciary Committee is scheduled to hold a historic markup of three bipartisan, bicameral pro-patent bills. Together, these bills represent a commitment to strengthening inventors’ rights and the U.S. innovation economy to ensure that we retain global technological leadership and can compete successfully with China and other countries around the world. The three bills include:

  • The Promoting and Respecting Economically Vital American Innovation Leadership (PREVAIL) Act (S.2220/H.R.4370) will restore fairness to the USPTO’s Patent Trial and Appeal Board (PTAB) process by protecting smaller innovators from Big Tech predatory infringement and ensuring the U.S. patent system continues to incentivize and advance American innovation.
  • The Patent Eligibility Restoration Act (PERA) (S.2140/H.R.9474) will restore certainty and predictability to patent subject matter eligibility, ensuring the next big breakthroughs in AI, medical diagnostics and other key technologies are invented and developed in the United States, instead of in China or other competitor countries.
  • The Inventor Diversity for Economic Advancement (IDEA) Act (S.4713/H.R.9455) will help us obtain the information we need to expand our innovation talent pool and compete globally.

Read more here.