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The revisions will add language to provide additional clarity in subject invention and utilization reporting requirements, U.S. industry preference, and other regulations that impact the transfer of technology from federally funded research and development. The final rule aims to improve the transition of federally funded innovations from the laboratory to the marketplace by reducing the regulatory burdens for technology transfer.

Statement of Need:

This rule would revise the Bayh Dole Act implementing regulations in order to make technical corrections; reorganize certain subsections; remove outdated and/or unnecessary sections; improve reporting by federal agencies; and provide clarifications.

Summary of the Legal Basis:

The rule revisions would be promulgated under the University and Small Business Patent Procedures Act of 1980, Public Law 96-517 (as amended), codified at 35 U.S.C. 200 et seq., commonly known as the Bayh-Dole Act or Bayh-Dole.

Alternatives:

There are not alternatives to this rule. 

Anticipated Costs and Benefits:

The action would remove duplicative text, streamline the implementing regulations, and reduce regulatory burdens, all at no additional cost.  

Risks:

There are no applicable risks to this rule.