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Senate Bill 616 |
Senate Author: Duncan |
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Effective: 9-1-07 |
House Sponsor: Puente |
Senate Bill 616 amends the Water Code to authorize the Texas Water Development Board to acquire, apply for, register, secure, hold, protect, and renew patents, copyrights, trademarks, and other intellectual property rights. It authorizes the board to contract for the use or distribution of its intellectual property, to receive compensation under such a contract, and to waive, increase, or reduce the amount of compensation if doing so furthers a goal or mission of the board and results in a net benefit to the state.