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PTO budget and fee bill advance 21st century strategic plan.(Patent and Trademark Office)

Intellectual Property & Technology Law Journal

| May 01, 2003 | Bagner, Jessica; Evansburg, Amanda; Watson, Vanessa Kaye; Welch, Brooke | COPYRIGHT 2003 Aspen Publishers, Inc. (Hide copyright information)Copyright

In early February 2003, the Bush administration disclosed its 2004 budget for the US Patent and Trademark Office (PTO) and a proposed PTO fee bill designed to fund the PTO improvements set forth in the agency's 21st Century Strategic Plan.

The 2004 PTO budget requests $1.404 billion to be allocated to the PTO, which is a 5 percent increase over the 2003 proposal. While the budget endeavors to divert less of the revenue derived from PTO fees to unrelated government programs, $100 million of PTO fees will continue to be diverted.

The 2004 budget is designed to finance part of the PTO's 21st Century Strategic Plan, which includes the following initiatives: …

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