What's happening
This bill requires the creation and maintenance of a public, interactive database of intellectual property generated by state employees or through state-funded research.
Why it matters
Increases transparency. by requiring the state to openly share information about inventions, patents, and other intellectual property created with public funding, making it easier for the public, businesses, and researchers to see what’s been developed with taxpayer dollars.
Supports economic development and innovation. by making it simpler for businesses and entrepreneurs to identify intellectual property they may want to license or commercialize, potentially speeding up the process of bringing new technologies to market.
Improves accountability. for state institutions and researchers, as the public database will track not only the existence of intellectual property but also provide contact information, making it easier to follow up on commercialization efforts and outcomes.
May encourage better use of public research investments. by highlighting the real-world impact and availability of state-funded intellectual property, possibly shaping future funding decisions and collaborations.
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Create Public IP Database
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to commerce, economic development and small business
- 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.
Track State Intellectual Property
In Assembly Committee · Corporations, Authorities And Commissions · Sponsor William Magnarelli
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
3247
2017-2018 Regular Sessions
IN SENATE
January 20, 2017
Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Commerce, Economic Development and Small Business
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.
Sponsor's memo
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
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.
Adds a new Subdivision 3 of section 3155 of the public authorities law to include the operation and maintenance of a public, interactive database of all intellectual property generated by state employees or developed through state-funded research.
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
2015-16: S.920/A.1613 - Referred to Commerce, Economic Development and Small Business 2013-14: S.3200/A.477 - Referred to Commerce, Economic Development and Small Business; 2011-12: S.1103A/A.3333A - Commerce, Eco Dev. & Small Business/Corps., Authorities and Commissions 2009-10: S.7979/A.247 - Passed Both Houses, Veto Memo 6797 2007-08: 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.