Advancing American Innovation Act

The Advancing American Innovation Act amends Section 337 of the Tariff Act of 1930 to tighten the standards for what qualifies as a domestic industry in unfair trade investigations, specifically requiring that licensing activities lead to the adoption and development of articles sold in the United States. The bill also mandates that the International Trade Commission identify dispositive issues early in proceedings to allow for expedited fact-finding within 100 days, while requiring the agency to consider the impact of exclusion orders on public health, the economy, and consumers before taking action. Additionally, it requires complainants in patent infringement cases to disclose the identity and funding agreements of any third-party litigation funders, with sanctions imposed for non-compliance. These changes apply to complaints filed after the date of enactment and directly affect companies involved in international trade disputes and intellectual property enforcement.