To establish the Intellectual Property Assembly of the Americas and to provide for participation in the Assembly by the United States Delegation.

Provides for appointment of a U.S. Delegation (consisting of 13 Members of Congress) to the Intellectual Property Assembly of the Americas, which shall meet annually with representative parliamentary groups from other countries in the Americas to: (1) discuss common problems and interests in intellectual and industrial property; and (2) promote national and multilateral measures that may further common interests in such property. Authorizes appropriations.