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Sponsors
No co-sponsors yet.
History
- Substituted by A247
- Ordered to third reading cal.1200
- Committee discharged and committed to rules
- Reported and committed to finance
- Referred to commerce, economic development and small business
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to the maintenance of a database on intellectual property
Vetoed · Sponsor William Magnarelli
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7979
Title of bill
An act to amend the public authorities law, in relation to the maintenance of a database on intellectual property
Purpose or general idea of bill
To establish a database of intellectual property in the New York State Foundation for Science, Technology, and Innovation (NYSTAR).
Summary of specific provisions
Adds a new paragraph K-1 to Subdivision 3 of section 3152 of the public authorities law to include in the duties and responsibilities of the New York State Foundation for Science, Technology, and Innovation the operation and maintenance of a public, interactive database of all intellectual property generated by state employees or developed through state-funded research.
Amends subparagraphs (x) and (xi) of paragraph (b) of subdivision 2 of section 3155 of the public authorities law to include an update on the status of such database in the annual report of the New York State Foundation for Science, Technology, and Innovation.
Justification
Countless products and processes are developed in part with funds invested by the State, but often these do not get beyond the development stage. This intellectual property should be catalogued and made public so that individuals and/or companies interested in commercializing any of the property have a comprehensive and current database where all such items and appropriate contacts are listed.
Prior legislative history
2007-2008: A.8676
Fiscal implications
Minimal.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.