FORTY-SEVENTH LEGISLATURE

FIRST SESSION, 2005

March 11, 2005

Mr. Speaker:

    Your APPROPRIATIONS AND FINANCE COMMITTEE, to whom has been referred

SENATE BILL 169, as amended

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

    1. On page 2, between lines 9 and 10, insert the following new subsection to read:

         "D. Intellectual property created by an employee or agent of an institution associated with the collaborative shall be owned by that institution. Intellectual property created jointly shall be owned jointly. If the intellectual property is created using federal funds, the applicable federal laws and regulations shall govern the ownership.".

    2. Reletter the succeeding subsections accordingly.