Washington, D.C. – Today, House Majority Leader Eric Cantor (R-VA) issued the following statement on President Obama signing the America Invents Act into law, a central provision of the House Republican Plan for America’s Job Creators:
“The President’s action today to sign the America Invents Act into law is an important step to ensure that our nation’s entrepreneurs and small businesses have the ability to more efficiently launch and protect their new products. House Republicans introduced this pro-growth legislation at the beginning of the year to reduce the backlog of 1.2 million patents and to encourage innovation, job creation and economic growth.
“The House Judiciary Committee and Chairman Smith deserve credit for their hard work on this bipartisan, bicameral legislation that will improve the patent system and help create jobs. Going forward, I hope the President and Senate Democrats will continue to work with us on areas where we agree to eliminate burdens facing our nation’s job creators and deliver results to get the American people back to work.”