Invention development services; required disclosure, civil penalty. (HB1738)
Introduced By
Del. Peter Farrell (R-Henrico) with support from co-patron Del. David Ramadan (R-South Riding)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Invention development services; disclosure and civil penalty. Requires each contract for invention development services to include on its cover sheet a disclosure of the invention developer's rate of successful outcomes, measured as the percentage of its contracts that have resulted in the procurement of a license, buyer, or patent for an invention. The measure also increases the maximum amount of a civil penalty that the Attorney General may recover in an enforcement action from $3,000 to $25,000. The measure also clarifies that collected civil penalties will be deposited in the general fund. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/08/2013 | Committee |
| 01/08/2013 | Prefiled and ordered printed; offered 01/09/13 13100608D |
| 01/08/2013 | Referred to Committee on Commerce and Labor |
| 01/16/2013 | Impact statement from DPB (HB1738) |
| 01/29/2013 | Referred from Commerce and Labor |
| 01/29/2013 | Referred to Committee for Courts of Justice |
| 01/30/2013 | Assigned Courts sub: #2 Civil |
| 02/05/2013 | Left in Courts of Justice |