Higher educational institutions; to report assignment of any intellectual property interests. (SB259)
Introduced By
Sen. Frank Wagner (R-Virginia Beach) with support from co-patron Del. Bob Purkey (R-Virginia Beach)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Public institutions of higher education; intellectual property. Removes limitations and requirements currently in place governing the assignment of intellectual property rights at public institutions of higher education. Instead, each institution will be required to adopt its own policies concerning assignment of intellectual property that will govern any research contracts to which it is a party. Each institution must forward a copy of its policies to the Joint Commission on Technology and Science and report annually to the Joint Commission on Technology and Science as to the assignment of any intellectual property interests by that institution. The bill removes the requirement that the State Council of Higher Education for Virginia create guidelines for institutions to follow in developing their policies. Amends § 2.2-2233.2 (“”), § 23-4.3 (“Adoption of intellectual property policies; employees to be bound by such policies.”), § 23-4.4 (“Authorization to transfer interest; Governor\u2019s approval required under certain circumstances.”), of the Code of Virginia. View Full Text »
Status
04/19/2006: enacted
View Bill's History
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