Bill > S746

This bill, the "No Stolen Trademarks Honored in America Act," proposes to modify the existing prohibition on U.S. courts and executive branch entities from recognizing certain rights related to trademarks, trade names, or commercial names that were used in connection with a business or assets that were confiscated. The bill specifies that this prohibition would only apply if the person or entity asserting the rights knew or had reason to know that the mark, trade name, or commercial name was the same as or substantially similar to one that was used in connection with a confiscated business or assets, unless the original owner or their bona fide successor has expressly consented.