House Poised to Advance Bipartisan Patent Bill

Momentum highlights increasing Silicon Valley lobbying.

House Judiciary Committee Chairman Rep. Bob Goodlatte, R-Va., gestures as he speaks on Capitol Hill in Washington, Tuesday, June 18, 2013.

Legislation introduced by House Judiciary Committee Chairman Bob Goodlatte, R-Va., to protect tech innovators and small businesses from "patent trolling" is expected to pass the House Judiciary Committee Wednesday.

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Silicon Valley companies will likely follow this increased lobbying by "contributing more to individual candidates" in future elections, Bryner says.

Yahoo CEO Marissa Mayer, Google Chairman Eric Schmidt, and Sheryl Sandberg, Facebook's chief operating officer, have each funded the campaign of House candidate Ro Khanna, who is running against Rep. Mike Honda, D-Calif., in what is expected to be one of biggest primary races of 2014.

Intel will throw its support behind Democratic candidates in the Senate that support immigration reform and Republican leaders in the House that push to reform the tax code, Cleveland says.

"On a bipartisan basis these lawmakers are engaged in extremely important work and we are prepared to fund their campaigns as a result," he explains.

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