Bill 118 hr 10416, also known as the "Patent Examination Pilot Program Act," aims to speed up the process of examining patent applications for certain inventions. The bill requires the Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office to create and implement a pilot program to expedite the examination of these applications.
The purpose of this pilot program is to reduce the backlog of patent applications and improve efficiency in the patent examination process. By expediting the examination of certain patents, the bill aims to encourage innovation and economic growth by allowing inventors to protect their intellectual property more quickly.
The specifics of the pilot program, including which types of patents will be eligible for expedited examination and the criteria for selecting applications to participate in the program, will be determined by the Under Secretary of Commerce for Intellectual Property and Director of the USPTO.
Overall, the goal of Bill 118 hr 10416 is to streamline the patent examination process and support inventors in bringing their innovations to market more quickly.