Introduced by Rep. Marcus Oshiro (D) on January 28, 2009, creates an optional "public purpose company" designation for LLCs. Requires an LLC with a public purpose company designation to exercise its right to exclude conferred by any patent it has an interest in for a public purpose. Establishes reporting requirements. (HB1503 HD1).
Referred to the House Committee on Economic Revitalization, Business & Military Affairs on January 28, 2009.
Amendment offered in the House on February 17, 2009, to make technical changes. The amendment passed by voice vote in the House on February 17, 2009.
Passed 48 to 0 in the House on March 6, 2009, to limit rights of certain designated limited liability companies to manage rights to their intellectual property. Who Voted "Yes" and Who Voted "No"
Received in the Senate on March 10, 2009.
Referred to the Senate Committee on Economic Developement & Technology on March 16, 2009.
Amendment offered in the Senate on March 23, 2009. The amendment passed by voice vote in the Senate on March 23, 2009.
Referred to the Senate Committee on Commerce & Consumers Protection on March 23, 2009.
Amendment offered in the Senate on April 3, 2009, to make technical changes. The amendment passed by voice vote in the Senate on April 3, 2009.