What's happening
This bill requires the maintenance of a public, interactive database detailing all intellectual property from state employees or state-funded research.
Why it matters
Promotes transparency and public access. By requiring a public, interactive database, the bill makes it easier for individuals, companies, and other researchers to discover intellectual property emerging from state-funded work, which could foster collaboration, innovation, and commercialization opportunities.
Helps track taxpayer-funded innovation. The database allows New Yorkers to see the tangible outcomes of their tax dollars spent on research, potentially improving public trust and demonstrating the value of state investment in higher education and research.
Facilitates networking and partnerships. Including up-to-date contact information for each item of intellectual property can streamline connections between inventors, universities, businesses, and investors, potentially speeding up technology transfer and the development of new products or services.
Creates accountability for state institutions. By mandating regular updates and status reports on the database, the law encourages colleges, universities, and state research bodies to actively manage and showcase their intellectual property portfolios, possibly leading to better stewardship and utilization of state-funded innovations.
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Who cares
Headline styles
Track State Intellectual Property
Plain English, a few words. Used as the page title.
Sponsors
3 Co-sponsors
2 Multi-sponsors
History
- Referred to corporations, authorities and commissions
- Referred to corporations, authorities and commissions
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.
Create Public IP Database
In Senate Committee · Commerce, Economic Development And Small Business · Sponsor Kevin S. Parker
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
671
2017-2018 Regular Sessions
IN ASSEMBLY
January 9, 2017
Introduced by M. of A. MAGNARELLI, JAFFEE, ZEBROWSKI, COLTON -- Multi- Sponsored by -- M. of A. CAHILL, MAGEE -- read once and referred to the Committee on Corporations, Authorities and Commissions
AN ACT to amend the public authorities law, in relation to the maintenance of a database on intellectual property
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subparagraphs (x) and (xi) of paragraph (b) of subdivision 2 of section 3155 of the public authorities law, as amended by section 4 of part C of chapter 63 of the laws of 2005, are amended to read as follows:
(x) number of patents awarded to the college or university as a direct result of research related to the award and income generated from the licensure or sale of such intellectual property; [and]
(xi) current status of the interactive database of intellectual property created pursuant to subdivision three of this section; and
(xii) any other information deemed appropriate by the director.
§ 2. Section 3155 of the public authorities law is amended by adding a new subdivision 3 to read as follows:
3. The foundation shall also operate and maintain a public, interactive database of all intellectual property generated by state employees or developed through state-funded research which shall include, at a minimum, a brief description of the intellectual property and up-to-date contact information for each item.
§ 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00566-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.