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Full Text of this Amendment

SA 596. Ms. CANTWELL submitted an amendment intended to be proposed by her to the bill H.R. 1249, to amend title 35, United States Code, to provide for patent reform; which was ordered to lie on the table; as follows:

On page 124, line 19, strike all through page 125, line 7, and insert the following:
(d) Definition.--
(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.)