News & Analysis as of

U.S. Commerce Department Innovation Proposed Legislation

Sullivan & Worcester

U.S. Department of Commerce Weighs Patent Tax with Significant Implications for Innovation and Patent Strategy

Sullivan & Worcester on

On July 28, 2025, The Wall Street Journal reported that the U.S. Department of Commerce is considering a new proposal to impose a tax of 1% to 5% on the “value” of issued patents. If implemented, the tax would be in addition...more

Akin Gump Strauss Hauer & Feld LLP

Akin Intelligence - November 2023

Welcome to the November edition of Akin Intelligence. Looking back, October 2023 may be remembered as the month when the U.S. government tried to assume the mantle of global leadership on responsible artificial intelligence...more

McDonnell Boehnen Hulbert & Berghoff LLP

Multiple Artificial Intelligence Bills Introduced in House and Senate

Over the last two months, the United States legislature has introduced three new bills intended to establish a Federal Advisory Committee on the rapidly-evolving field of artificial intelligence (AI) and to analyze and report...more

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