Bill > S01341

This bill requires the New York state foundation to create and maintain a public, interactive database of intellectual property (IP) generated by state employees or developed through state-funded research. The database must include at least a brief description of each piece of intellectual property and current contact information for that IP. The bill amends the public authorities law to mandate this database and adds reporting requirements about the database, such as tracking the number of patents awarded to colleges and universities as a result of research and the income generated from licensing or selling intellectual property. By creating this centralized, accessible database, the bill aims to increase transparency about state-funded research and innovation, making it easier for people to understand and potentially access or collaborate on intellectual property developed with public resources. The database will serve as a comprehensive resource for tracking and sharing information about state-generated intellectual property.

Budget and Finance, Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S1341