PREVAIL Act

The PREVAIL Act (HR 3160) reforms U.S. patent procedures to strengthen patent protection and reduce inefficiencies in the patent system. It requires 3-member panels for patent reviews, establishes a code of conduct for Patent Trial and Appeal Board members, and introduces new certification requirements for petitioners to prevent frivolous challenges. The bill also aims to eliminate repetitive patent challenges by requiring transparency about financial contributors to patent challenges and preventing duplicate proceedings across courts. This affects patent owners, challengers, and the USPTO, with the goal of making the patent system more reliable for innovators. Additionally, it changes how patent fees are handled, creating a dedicated fund to support patent and trademark operations.