House Journal: Page 2228: Tuesday, June 3, 2003
Page 17
1 tax years beginning on or after that date.
2 DIVISION __
3 COMMERCIALIZATION OF RESEARCH ISSUES
4 Sec. . Section 262.9, Code 2003, is amended by
5 adding the following new subsection:
6 NEW SUBSECTION. 29. By January 15 of each year,
7 submit a report to the governor, through the director
8 of technology in the office of the governor, and the
9 general assembly containing information from the
10 previous calendar year regarding all of the following:
11 a. Patents secured or applied for by each
12 university under the control of the board delineated
13 by university and by faculty member and staff member
14 responsible for the research or activity that resulted
15 in the patent. In the initial report filed by January
16 15, 2004, the board shall include an inventory of
17 patent portfolios with details concerning which
18 patents are creating financial benefit and the amount
19 of financial benefit and which patents are not
20 creating financial benefit and the amount invested in
21 those patents.
22 b. Research grants secured by each university
23 under the control of the board from both public and
24 private sources delineated by university and by
25 faculty member and staff member. The board shall also
26 include the same information for grant applications
27 that are denied.
28 c. The number of faculty members and staff members
29 at each university under the control of the board
30 involved in a start-up company.
31 d. The number of grant applications for research
32 received by each university under the control of the
33 board for start-up companies, the number of
34 applications approved, and the number of applications
35 denied.
36 e. The number of agreements entered into by
37 faculty members and staff members at each university
38 under the control of the board with foundations
39 affiliated with the universities relating to business
40 start-ups.
41 f. An accounting of the financial gain received by
42 each university under the control of the board
43 relating to patents sold, royalties received,
44 licensing fees, and any other remuneration received by
45 the university related to technology transfer.
46 g. The number of professional employees at each
47 university under the control of the board who assist
48 in the transfer of technology and research to
49 commercial application.
50 Sec. . Section 262B.1, Code 2003, is amended to
© 2003 Cornell College and
League of Women Voters of Iowa
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