,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #ccdi  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #bh1 #bjac,mr4
 ,cony]s 7= himself1 ,mr4 ,watt1 & ,mr4 
,coll9s ( ,georgia7 introduc$ ! foll[+  
bill2 :i* 0 ref]r$ to ! ,committee on ! 
,judici>y  ,a ,,bill  ,to provide = !   
p]man5t fund+ ( ! ,unit$ ,/ates ,pat5t &
 ,tradem>k ,(fice1 & = o!r purposes4    
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,innovation ,protection ,act4  #b4    
,pat5t & ,tradem>k ,(fice fund+  7a7    
,def9itions ,9 ?is section3 7#a7        
,director ,! t]m ,director means ! ,"u  
,secret>y ( ,comm]ce = ,intellectual    
,prop]ty & ,director ( ! ,unit$ ,/ates  
,pat5t & ,tradem>k ,(fice4  7#b7 ,fund  
,! t]m ,fund means ! ,unit$ ,/ates      
,pat5t & ,tradem>k ,(fice ,public       
,ent]prise ,revolv+ fund e/abli%$ "u    
subsection 7c74  7#c7 ,(fice ,! t]m     
,(fice means ! ,unit$ ,/ates ,pat5t &   
,tradem>k ,(fice4  7#d7 ,tradem>k ,act (
 #aidf ,! t]m ,tradem>k ,act ( #aidf    
means ! ,act entitl$ ,an ,act to provide

 = ! regi/ration & protection (         
tradem>ks us$ 9 comm]ce1 to c>ry out !  
provisions ( c]ta9 int]national         
conv5tions1 & = o!r purposes1 approv$   
,july #e1 #aidf 7#ae ,u4,s4,c4 #ajea et 
seq47 7commonly ref]r$ to z ! ,tradem>k 
,act ( #aidf or ! ,lanham ,act74  7b7   
,fund+  7#a7 ,9 g5]al ,section #db (    
title #ce1 ,unit$ ,/ates ,code1 is      
am5d$-- 7,a7 9 subsection 7b71 by /rik+ 
,pat5t & ,tradem>k ,(fice ,appropriation
 ,acc\nt & ins]t+ ,unit$ ,/ates ,pat5t &
 ,tradem>k ,(fice ,public ,ent]prise    
,fund2 &  7,b7 9 subsection 7c7-- 7i7 9 
p>agraph 7#a7-- 7,i7 9 ! fir/ s5t5ce1 by
 /rik+ ,to ! ext5t & all t foll[s ?r\gh 
fees & ins]t+ ,fees2 &  7,,ii7 by /rik+ 
%all be collect$ by & %all1 subject to  
p>agraph 7#c71 be available to !        
,director & ins]t+ %all be collect$ by1 
& %all be available to1 ! ,director     
until exp5d$2 &  7ii7 by /rik+ p>agraph 
7#b7 & r$esignat+ p>agraph 7#c7 z       
p>agraph 7#b74  7#b7 ,effective date ,! 
am5dm5ts made by p>agraph 7#a7 %all take

 effect on ! fir/ day ( ! fir/ fiscal   
ye> t beg9s on or aft] ! date ( !       
enactm5t ( ?is ,act4  7c7 ,,uspto       
revolv+ fund  7#a7 ,e/abli%m5t ,!re is  
e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates
 a revolv+ fund to be kn[n z ! ,unit$   
,/ates ,pat5t & ,tradem>k ,(fice ,public
 ,ent]prise ,fund4 ,any am\nts 9 ! ,fund
 %all be available = use by ! ,director 
)\t fiscal ye> limitation4  7#b7        
,d]ivation ( res\rces  7,a7 ,9 g5]al    
,!re %all be deposit$ into ! ,fund on & 
aft] ! effective date set =? 9          
subsection 7b77#b7-- 7i7 any fees       
collect$ "u title #ce1 ,unit$ ,/ates    
,code2 &  7ii7 any fees collect$ "u !   
,tradem>k ,act ( #aidf 7#ae ,u4,s4,c4   
#ajea et seq474  7,b7 ,rema9+ balances  
,!re %all be deposit$ 9 ! ,fund1 on !   
effective date set =? 9 subsection      
7b77#b71 any unobligat$ balances rema9+ 
9 ! ,pat5t & ,tradem>k ,(fice           
,appropriation ,acc\nt1 & 9 ! ,pat5t &  
,tradem>k ,fee ,res]ve ,fund e/abli%$ "u
 section #db7;b77#b7 ( title #ca1 ,unit$

 ,/ates ,code1 z 9 effect on ! day be=e 
su* effective date4 ,^u ! paym5t ( all  
obligat$ am\nts 9 ! ,pat5t & ,tradem>k  
,fee ,res]ve ,fund1 ! ,pat5t & ,tradem>k
 ,fee ,res]ve ,fund %all be t]m9at$4    
7#c7 ,exp5ses ,am\nts deposit$ into !   
,fund "u p>agraph 7#b7 %all be          
available1 )\t fiscal ye> limitation1 to
 cov]-- 7,a7 all exp5ses1 to ! ext5t    
consi/5t ) ! limitation on ! use ( fees 
set =? 9 section #db7;c7 ( title #ce1   
,unit$ ,/ates ,code1 includ+ all        
adm9i/rative & op]at+ exp5ses1 det]m9$ 9
 ! discretion ( ! ,director to be ord9>y
 & reasonable1 incurr$ by ! ,director = 
! cont9u$ op]ation ( all s]vices1       
programs1 activities1 & duties ( !      
,(fice relat+ to pat5ts & tradem>ks1 z  
su* s]vices1 programs1 activities1 &    
duties are describ$ "u-- 7i7 title #ce1 
,unit$ ,/ates ,code2 &  7ii7 ! ,tradem>k
 ,act ( #aidf2 &  7,b7 all exp5ses      
incurr$ pursuant to any obligation1     
repres5tation1 or o!r commitm5t ( !     
,(fice4  7d7 ,annual report & op]ation  

plan ,n lat] ?an #fj days aft] ! end (  
ea* fiscal ye>1 ! ,director %all submit 
to ,congress a report t-- 7#a7 summ>izes
 ! op]ations ( ! ,(fice = ! prec$+      
fiscal ye>1 includ+ f9ancial details &  
/aff levels brok5 d[n by ea* major      
activity ( ! ,(fice2  7#b7 describes !  
long t]m mod]nization plans ( ! ,(fice2 
7#c7 sets =? details ( any progress     
t[>ds su* mod]nization plans made 9 !   
prec$+ fiscal ye>2 &  7#d7 includes !   
results ( ! mo/ rec5t audit c>ri$ out "u
 subsection 7f74  7e7 ,annual sp5d+ plan
  7#a7 ,9 g5]al ,n lat] ?an #cj days    
aft] ! beg9n+ ( ea* fiscal ye>1 !       
,director %all notify ! ,committee on   
,appropriations ( ! ,h\se (             
,repres5tatives & ! ,committee on       
,appropriations ( ! ,s5ate ( ! plan = ! 
obligation & exp5diture by ! ,(fice ( ! 
total am\nt ( ! funds = t fiscal ye> 9  
accordance ) section #fje ( ! ,sci5ce1  
,/ate1 ,ju/ice1 ,comm]ce1 & ,relat$     
,ag5cies ,appropriations ,act1 #bjjf    
7,public ,law #aji-ajh2 #aai ,/at4      

#bccd74  7#b7 ,cont5ts ,ea* plan "u     
p>agraph 7#a7 %all-- 7,a7 summ>ize !    
op]ations ( ! ,(fice = ! curr5t fiscal  
ye>1 includ+ f9ancial details & /aff    
levels ) respect to major activities2 & 
7,b7 detail ! op]at+ plan ( ! ,(fice1   
includ+ specific exp5se & /aff ne$s1 = !
 curr5t fiscal ye>4  7f7 ,audit ,!      
,director %all1 on an annual basis1     
provide = an indep5d5t audit ( !        
f9ancial /atem5ts ( ! ,(fice4 ,su* audit
 %all be conduct$ 9 accordance ) g5]ally
 accept$ acc\nt+ pr9ciples4  7g7 ,budget
 ,! ,fund %all prep>e & submit ea* ye>  
to ! ,presid5t a bus9ess-type budget 9  
su* mann]1 & be=e su* date1 z !         
,presid5t prescribes by regulation4