Institutions of higher education
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Section 123(d) of title 35, United States Code, is amended to read as follows: (d) Institutions of higher education (1) Definition In this subsection, the term institution of higher education has the meaning given the term in section 101(a) of the Higher Education Act of 1965 (20 U.S.C. 1001(a)). (2) Inclusions For purposes of this section, a micro entity shall include an applicant who certifies that— (A) the applicant’s employer, from which the applicant obtains the majority of the applicant’s income, is an institution of higher education; (B) the applicant has assigned, granted, conveyed, or is under an obligation by contract or law to assign, grant, or convey, a license or other ownership interest in the particular applications to an institution of higher education; (C) the applicant is an institution of higher education; or (D) the applicant is an organization described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from taxation under section 501(a) of such Code that holds title to patents and patent applications on behalf of an institution of higher education for the purpose of facilitating commercialization of the technologies of the patents and patent applications..