08 LC 35
0652
House
Bill 1248
By:
Representative Byrd of the
20th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Article 1 of Chapter 7 of Title 50 of the Official Code of Georgia
Annotated, relating to general provisions for the Department of Economic
Development, so as to provide that the department shall create and maintain a
website for the promotion, advertisement, and potential commercialization of
available intellectual property of Georgia universities and colleges; to provide
requirements for such website; to provide for related matters; to repeal
conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Article
1 of Chapter 7 of Title 50 of the Official Code of Georgia Annotated, relating
to general provisions for the Department of Economic Development, is amended by
adding a new Code section to read as follows:
"50-7-18.
(a)
As used in this Code section, the term:
(1)
'Institution' shall mean any university, school, or college which is under the
jurisdiction of the Board of Regents or the State Board of Technical and Adult
Education.
(2)
'Intellectual property' means patentable materials, software, and trade secrets,
whether or not formal protection is sought.
(b)
Not later than January 1, 2009, the Department of Economic Development shall
ensure the existence and operation of a single searchable website, accessible by
the public at no cost to access, that provides a listing of this state´s
available intellectual property. Intellectual property listed shall include all
intellectual property available for commercialization, including such property
where a patent application is pending, a patent has been obtained, or there is
no exclusive licensing agreement for such property. The department shall
utilize best commercial practices to timely and accurately post information
about all of this state´s intellectual property available for sale or
licensing.
(c)
Each institution shall cooperate with the department by timely providing
information concerning the institution´s intellectual property available
for commercialization. No institution shall post on any institution´s own
website any information about an intellectual property until such time as
information pertaining to such intellectual property has been provided to the
department.
(d)
The website shall make contact information readily available so that an
interested person may contact the appropriate institution or person for the
purchase or licensing of posted intellectual property.
(e)
The website shall also provide additional information regarding public resources
available to persons and entities interested in establishing businesses in this
state, including any such reasonable information requested to be posted by
another state agency or institution."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.