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Full Text of this Amendment
On page 124, line 19, strike all through page 125, line 7, and insert the following:
(1) IN GENERAL.--For purposes of this section, the term "covered business method patent"--
(A) means a patent that claims a method or corresponding apparatus for performing data processing operations utilized in the practice, administration, or management of a financial product or service;
(B) shall include only patents claiming abstract business concepts; and
(C) shall not include patents for technological inventions or inventions relating predominantly to nonfinancial goods or services.
(2) REGULATIONS.--To assist in implementing the transitional proceeding authorized by this subsection, the Director shall issue regulations for determining whether a patent is for a technological invention or inventions relating predominantly to nonfinancial good or services.
(As printed in the Congressional Record for the Senate on Sep 7, 2011.)