OR HB2648

Department of Education must establish a program to assist student inventors in career or technical education programs who develop intellectual property with potential for patents or copyrights

Education service districts may acquire interests in student-developed intellectual property through agreements that provide students with coaching, mentorship, and a share of any revenues generated

Oregon Invents Partnership Fund established in State Treasury to receive IP-related revenues, with moneys continuously appropriated to the Department of Education for program operations

Advisory board will be convened to establish eligibility criteria for promising concepts and standard agreement terms

Department may enter agreements with outside parties who deposit funds for 20-year terms in exchange for pro rata shares of IP revenues, with returns conditioned on fund sustainability