Authors: Representative Eric Allan Koch
Co-authors: Representative Christina Hale, Representative Heath VanNatter, Representative Casey Cox
Sponsors: Senator Brent Steele, Senator Randall Head
Advisors: Representative Heath VanNatter, Representative Casey Cox, Representative B Patrick Bauer, Representative Edward DeLaney
Prohibits a person from asserting a claim of patent infringement in bad faith. Provides that a court may, upon motion, require a person to post a bond if the target establishes a reasonable likelihood that the person has made an assertion of patent infringement in bad faith. Establishes remedies and damages. Exempts certain: (1) approved postsecondary educational institutions; (2) technology transfer organizations owned by or affiliated with approved postsecondary educational institutions; and (3) licensees holding patents from postsecondary educational institutions or technology transfer organizations owned by or affiliated with postsecondary educational institutions; from the provisions regarding bad faith assertions of patent infringement.