Each application under this section shall include, at a min-
imum, the following:
‘‘(1) A description of how the State will comply
with the requirements of this part.
‘‘(2) A description of the plan to be used by the
State to improve the quality and achievement of its
students in mathematics and science education.
‘‘(3) An assurance that the State will require
each local educational agency and school receiving
funds under this part to publicly report their annual
progress on improving mathematics, science, and
technology education. If the local educational agency
or school is already required to file a ‘report card’
or assessment report, the information can be in-
cluded with that information.
‘‘(4) A description of how the State will hold
local educational agencies and schools accountable
for making annual gains in mathematics and science
education.
‘‘(5) A description of how the State will partner
with industry and with institutions of higher edu-
cation to achieve the goals of its plan to improve
mathematics and science education.
‘‘SEC. 15506. APPLICATION SUBMISSION.
‘‘A State application submitted to the Secretary
under this part shall be approved by the Secretary unless
the Secretary makes a written determination, not later
than 90 days after receiving the application, that the ap-
plication violates the provisions of this part.
‘‘SEC. 15507. AUTHORIZED USES OF FUNDS.
‘‘Grant funds made available under this part may be
used by the State for—
‘‘(1) setting high standards for mathematics,
science, and technology education, such as the
standards established in Project 2061 by the Amer-
ican Association for the Advancement of Science;
‘‘(2) establishing advanced placement classes in
mathematics, science, and technology;
‘‘(3) developing after-school activities designed
to encourage interest in mathematics, science, and
technology;
‘‘(4) developing summer programs for students
designed to encourage interest in and to develop and
improve upon skills in mathematics, science, and
technology;
‘‘(5) developing internship programs for stu-
dents with local businesses or educational institu-
tions in the areas of mathematics, science, and tech-
nology;
‘‘(6) establishing a State public high school of
mathematics, science, and technology for gifted stu-
dents from the State; and
‘‘(7) providing scholarships or interest-free
loans for students majoring in mathematics, science,
or technology in institutions of higher education in
the State.
‘‘SEC. 15508. ACCOUNTABILITY.
‘‘A State shall report yearly to the Secretary regard-
ing the use of grant funds, the progress made in meeting
their objectives as stipulated in their application for funds,
and whether students’ performance in mathematics,
science, and technology has increased as measured by as-
sessment techniques recognized in the field of education
and accepted by the Secretary.
‘‘SEC. 15509. ACADEMIC ACHIEVEMENT AWARDS PROGRAM.
‘‘(a) AWARDS PROGRAM.—Each State receiving a
grant under this part may establish a program to make
academic achievement awards to recognize and financially
reward public schools served under this part that have sig-
nificantly raised the achievement of students in mathe-
matics and science education.
‘‘(b) ACHIEVEMENT AWARDS FUNDS.—For the pur-
pose of carrying out this section, each State receiving a
grant under this part may reserve not more than 30 per-
cent of such funding for academic achievement awards.
The amount reserved must be expended not later than 3
years after receipt. If the amount reserved is not expended
within 3 years, such funds shall be used for activities de-
scribed in section 15507.
‘‘SEC. 15510. APPROPRIATIONS.
‘‘There 
are 
authorized 
to 
be 
appropriated
$1,000,000,000 for fiscal years 2001 and such sums as
may be necessary for each of the 4 succeeding fiscal years
to carry out the provisions of this part.
‘‘PART F—EQUITY IN MATHEMATICS AND
SCIENCE EDUCATION
‘‘SEC. 15601. STATEMENT OF PURPOSE.
‘‘The purpose of this part is to narrow any achieve-
ment gap that exists between Caucasian and minority stu-
dents and between boys and girls in mathematics, science,
and technology education.
‘‘Subpart 1—Achievement Equity Grants
‘‘SEC. 15611. PROGRAM AUTHORIZED.
‘‘(a) IN GENERAL.—The Secretary is authorized to
provide grants to local educational agencies to provide
subgrants to elementary and secondary schools—
‘‘(1) to increase the achievement of minority
students in mathematics and science;
‘‘(2) to encourage the ongoing interest of mi-
nority students in mathematics, science, and tech-
nology; and
‘‘(3) to prepare minority students to pursue un-
dergraduate and graduate degrees and careers in
mathematics, science, or technology.
‘‘(b) ELIGIBILITY.—To be eligible to receive a grant
under this subpart, a local educational agency shall submit
an application to the Secretary at such time, in such form,
and containing such information as the Secretary may rea-
sonably require.
‘‘SEC. 15612. CONTENTS OF APPLICATION.
‘‘The application referred to in section 15611 shall
contain, at a minimum, the following:
‘‘(1) A specific program description, including
the content of the program and the research and
models used to design the program.
‘‘(2) A description of the collaboration between
elementary and secondary schools to fulfill goals of
the program.
‘‘(3) An explanation regarding the recruitment
and selection of participants.
‘‘(4) A description of the instructional and mo-
tivational activities planned to be used.
‘‘(5) An evaluation plan.
‘‘SEC. 15613. SELECTION.
‘‘The Secretary shall subject each application to com-
petitive, merit review. In making a decision regarding
whether to approve such application and provide funding
under this subpart, the Secretary shall consider at a
minimum—
‘‘(1) the merits of the application;
‘‘(2) the quality of service to be provided;
‘‘(3) the programs to be administered with such
funding; and
‘‘(4) the achievement scores of the students in
that particular area to be serviced.
‘‘SEC. 15614. ELEMENTARY SCHOOL PROGRAM.
‘‘(a) IN GENERAL.—Local educational agencies shall
select elementary schools to provide services that—
‘‘(1) encourage minority students in grades 4
and higher to enjoy and pursue studies in mathe-
matics, science, and technology;
‘‘(2) acquaint minority students in grades 4
and higher with careers in mathematics, science, and
technology; and
‘‘(3) educate the parents of minority students
in grades 4 and higher about the difficulties faced
by such students to maintain an interest and desire
to achieve in mathematics, science, and technology
and enlist the help of the parents in overcoming
these difficulties.
‘‘(b) USES OF FUNDS.—An elementary school that
receives a subgrant under this subpart may use such funds
for the following:
‘‘(1) Tutoring in mathematics, science, and
technology.
‘‘(2) Mentoring relationships, both in-person
and through the Internet.
‘‘(3) Payment of the costs of attending events
and academic programs in mathematics, science, and
technology.
‘‘(4) After-school activities designed to encour-
age the interest of minorities in grades 4 and higher
in mathematics, science, and technology.
‘‘(5) Summer programs designed to encourage
interest in and develop skills in mathematics,
science, and technology.
‘‘(6) Purchasing software designed for minority
students or designed to encourage the interest of
such students in mathematics, science, and tech-
nology.
‘‘(7) Field trips to locations that educate and
encourage minority students’ interest in mathe-
matics, science, and technology or that acquaint mi-
norities with careers in mathematics, science, and
technology.
‘‘(8) Purchasing and disseminating information
to parents of minority students in grades 4 and
higher that will help parents to encourage their
child’s interest in mathematics, science, and tech-
nology.
‘‘SEC. 15615. SECONDARY SCHOOL PROGRAM.
‘‘(a) IN GENERAL.—Local educational agencies shall
select secondary schools to provide services that—
‘‘(1) encourage minority students in grades 9
and higher to major in mathematics, science, and
technology in a postsecondary institution;
‘‘(2) provide academic advice and assistance in
high school course selection;
‘‘(3) encourage minority students in grades 9
and higher to plan for careers in mathematics,
science, and technology; and
‘‘(4) educate the parents of minority students
in grades 9 and higher about the difficulties faced
by such students to maintain an interest and desire
to achieve in mathematics, science, and technology
and enlist the help of the parents in overcoming
these difficulties.
‘‘(b) USES OF FUNDS.—A secondary school that re-
ceives a subgrant under this subpart may use such funds
for the following:
‘‘(1) Tutoring in mathematics, science, and
technology.
‘‘(2) Mentoring relationships, both in-person
and through the Internet.
‘‘(3) Paying the costs of attending events and
academic programs in mathematics, science, and
technology.
‘‘(4) Establishing internships in mathematics,
science, or technology either in local industry or at
an institution of higher education.
‘‘(5) After-school activities designed to encour-
age the interest of minority students in grades 9 and
higher in mathematics, science, and technology, in-
cluding the cost of the portion of a staff salary to
supervise such activities.
‘‘(6) Summer programs designed to encourage
interest in and develop skills in mathematics,
science, and technology.
‘‘(7) Purchasing software designed for minority
students, or designed to encourage the interest of
such students in mathematics, science, and tech-
nology.
‘‘(8) Field trips to locations that educate and
encourage the interest of minority students in math-
ematics, science, and technology or that acquaint
such students with careers in mathematics, science,
and technology.
‘‘(9) Visits to institutions of higher education to
acquaint minority students with college-level pro-
grams in mathematics, science, or technology, and to
meet with educators and minority college students
who will encourage minority high school students to
pursue degrees in mathematics, science, or tech-
nology.
‘‘SEC. 15616. APPROPRIATIONS.
‘‘There 
are 
authorized 
to 
be 
appropriated
$500,000,000 for fiscal year 2001 and such sums as may
be necessary for each of the 4 succeeding fiscal years to
carry out the provisions of this subpart.
‘‘Subpart 2—Gender Equity Grants
‘‘SEC. 15621. PROGRAM AUTHORIZED.
‘‘(a) ESTABLISHMENT.—The Secretary shall estab-
lish a grant program, subject to the availability of appro-
priations, to narrow the achievement gap that currently
exists between boys and girls in mathematics, science, and
technology education.
‘‘(b) PROGRAM AUTHORIZED.—The Secretary is au-
thorized to provide grants to local educational agencies to
provide subgrants to public elementary and secondary
schools to encourage the ongoing interest of girls in math-
ematics, science, and technology and to prepare girls to
pursue undergraduate and graduate degrees and careers
in mathematics, science, or technology.
‘‘(c) ELIGIBILITY.—To be eligible to receive a grant
under this subpart, a local educational agency shall submit
an application to the Secretary at such time, in such form,
and containing such information as the Secretary may rea-
sonably require.
‘‘SEC. 15622. CONTENTS OF APPLICATION.
‘‘The application referred to in section 15621 shall
contain, at a minimum, the following:
‘‘(1) A specific program description, including
the content of the program and the research and
models used to design the program.
‘‘(2) A description of the collaboration between
elementary and secondary schools to fulfill goals of
the program.
‘‘(3) An explanation regarding the recruitment
and selection of participants.
‘‘(4) A description of the instructional and mo-
tivational activities planned to be used.
‘‘(5) An evaluation plan.
‘‘SEC. 15623. SELECTION.
‘‘The Secretary shall subject each application to com-
petitive, merit review. In making a decision regarding
whether to approve such application and provide funding
under this subpart, the Secretary shall consider at a
minimum—
‘‘(1) the merits of the application;
‘‘(2) the quality of service to be provided;
‘‘(3) the programs to be administered with such
funding; and
‘‘(4) the achievement scores of the students in
that particular service area.
‘‘SEC. 15624. ELEMENTARY SCHOOL PROGRAM.
‘‘(a) IN GENERAL.—Local educational agencies shall
select elementary schools to provide services that—
‘‘(1) encourage girls in grades 4 and higher to
enjoy and pursue studies in mathematics, science,
and technology;
‘‘(2) acquaint girls in grades 4 and higher with
careers in mathematics, science, and technology; and
‘‘(3) educate the parents of girls in grades 4
and higher about the difficulties faced by girls to
maintain an interest and desire to achieve in mathe-
matics, science, and technology and enlist the help
of the parents in overcoming these difficulties.
‘‘(b) USES OF FUNDS.—An elementary school that
receives a subgrant under this subpart may use such funds
for the following:
‘‘(1) Tutoring in reading, mathematics, science,
and technology.
‘‘(2) Mentoring relationships, both in-person
and through the Internet.
‘‘(3) After-school activities designed to encour-
age the interest of girls in grades 4 and higher in
mathematics, science, and technology.
‘‘(4) Summer programs designed to encourage
interest in and develop skills in mathematics,
science, and technology.
‘‘(5) Purchasing software designed for girls, or
designed to encourage girls’ interest in mathematics,
science, and technology.
‘‘(6) Field trips to locations that educate and
encourage girls’ interest in mathematics, science,
and technology or that acquaint girls with careers in
mathematics, science, and technology.
‘‘(7) Purchasing and disseminating information
to parents of girls in grades 4 and higher that will
help parents to encourage their daughters’ interest
in mathematics, science, and technology.
‘‘SEC. 15625. SECONDARY SCHOOL PROGRAM.
‘‘(a) IN GENERAL.—Local educational agencies shall
select secondary schools to provide services that—
‘‘(1) encourage girls in grades 9 and higher to
major in mathematics, science, and technology in a
postsecondary institution;
‘‘(2) provide academic advice and assistance in
high school course selection;
‘‘(3) encourage girls in grades 9 and higher to
plan for careers in mathematics, science, or tech-
nology; and
‘‘(4) educate the parents of girls in grades 9
and higher about the difficulties faced by girls to
maintain an interest and desire to achieve in mathe-
matics, science, and technology and enlist the help
of the parents in overcoming these difficulties.
‘‘(b) USES OF FUNDS.—A secondary school that re-
ceives a subgrant under this subpart may use such funds
for the following:
‘‘(1) Tutoring in mathematics, science, and
technology.
‘‘(2) Mentoring relationships, both in-person
and through the Internet.
‘‘(3) Paying 50 percent of the cost of an intern-
ship in mathematics, science, or technology.
‘‘(4) After-school activities designed to encour-
age the interest of girls in grades 9 and higher in
mathematics, science, and technology, including the
cost of that portion of a staff salary to supervise
these activities.
‘‘(5) Summer programs designed to encourage
interest in and develop skills in mathematics,
science, and technology.
‘‘(6) Purchasing software designed for girls, or
designed to encourage girls’ interest in mathematics,
science, and technology.
‘‘(7) Field trips to locations that educate and
encourage girls’ interest in mathematics, science,
and technology or that acquaint girls with careers in
mathematics, science, and technology.
‘‘(8) Visits to institutions of higher education to
acquaint girls with college-level programs in mathe-
matics, science, or technology, and to meet with edu-
cators and female college students who will encour-
age them to pursue degrees in mathematics, science,
or technology.
‘‘SEC. 15626. APPROPRIATIONS.
‘‘There 
are 
authorized 
to 
be 
appropriated
$500,000,000 for fiscal year 2001 and such sums as may
be necessary for each of the 4 succeeding fiscal years to
carry out the provisions of this subpart.’’.
SEC. 4. CREDIT FOR BUSINESSES THAT EMPLOY SCIENCE,
MATHEMATICS, AND TECHNOLOGY TEACH-
ERS IN SUMMER FELLOWSHIPS THAT ARE RE-
LATED TO THEIR FIELDS OF TEACHING.
(a) IN GENERAL.—Subpart D of part IV of sub-
chapter A of chapter 1 of the Internal Revenue Code of
1986 (relating to business related credits) is amended by
adding at the end the following new section:
‘‘SEC. 45D. EMPLOYMENT OF SCIENCE, MATHEMATICS, AND
TECHNOLOGY TEACHERS IN SUMMER FEL-
LOWSHIPS THAT ARE RELATED TO THEIR
FIELDS OF TEACHING.
‘‘(a) IN GENERAL.—For purposes of section 38, the
summer fellowship credit determined under this section for
the taxable year is an amount equal to the qualified sum-
mer fellowship expenses of the taxpayer for such taxable
year.
‘‘(b) MAXIMUM CREDIT.—The credit determined
under this section for any taxable with respect to qualified
summer fellowship expenses attributable to an eligible
teacher shall not exceed $10,000.
‘‘(c) 
QUALIFIED
SUMMER
FELLOWSHIP
EX-
PENSES.—For purposes of this section—
‘‘(1) IN GENERAL.—The term ‘qualified sum-
mer fellowship expenses’ means any amount paid or
incurred to carry out a qualified summer fellowship
program of the taxpayer but only to the extent that
such amount is attributable to the participation in
such program of any eligible teacher, including
amounts paid to such a teacher as a stipend while
participating in such program.
‘‘(2) QUALIFIED
SUMMER
FELLOWSHIP
PRO-
GRAM.—The term ‘qualified summer fellowship pro-
gram’ means any program—
‘‘(A) which is established jointly by—
‘‘(i) a taxpayer engaged in a trade or
business within an area of science, mathe-
matics, or technology, and
‘‘(ii) an institution of higher education
or a John Glenn Academy (within the
meaning of part C of title 15 of the Ele-
mentary and Secondary Education Act of
1965),
‘‘(B) under which eligible teachers receive
for at least 6 weeks—
‘‘(i) training to enhance their teaching
skills in the areas of science, mathematics,
or technology, or
‘‘(ii) otherwise improve their knowl-
edge in such areas, and
‘‘(C) which incorporates ways to apply the
fellowship experience to the classroom.
‘‘(3) ELIGIBLE TEACHER.—The term ‘eligible
teacher’ means any individual—
‘‘(A) who is a teacher in grades K–12 at
a public educational organization described in
section 170(b)(1)(A)(ii) which is located in the
United States, and
‘‘(B) whose teaching responsibilities at
such school include, or are likely to include, any
course in the areas of science, mathematics, or
technology.
‘‘(d) DENIAL OF DOUBLE BENEFIT.—No deduction
shall be allowed under this chapter for any amount allowed
as a credit under this section.’’.
(b) CONFORMING AMENDMENTS.—
(1) Section 38(b) of such Code is amended—
(A) by striking ‘‘plus’’ at the end of para-
graph (11),
(B) by striking the period at the end of
paragraph (12), and inserting ‘‘, plus’’, and
(C) by adding at the end the following new
paragraph:
‘‘(13) the summer fellowship credit determined
under section 45D.’’.
(2) Subsection (d) of section 39 of such Code
(relating to carryback and carryforward of unused
credits) is amended by adding at the end the fol-
lowing new paragraph:
‘‘(9) NO CARRYBACK OF SECTION 45D CREDIT
BEFORE ENACTMENT OF CREDIT.—No portion of the
unused business credit for any taxable year which is
attributable to the credit determined under section
45D may be carried back to a taxable year begin-
ning before the date of the enactment of this para-
graph.’’.
(3) The table of sections for subpart D of part
IV of subchapter A of chapter 1 of such Code is
amended by adding at the end the following new
item:
‘‘Sec. 45D. Employment of science, mathematics, and technology
teachers in summer fellowships that are related to
their fields of teaching.’’.
(c) EFFECTIVE DATE.—The amendments made by
this section shall apply to taxable years beginning after
the date of the enactment of this Act.
SEC. 5. FAIR MARKET VALUE DEDUCTION FOR CHARI-
TABLE CONTRIBUTIONS OF SCIENCE, MATHE-
MATICS, OR TECHNOLOGY EQUIPMENT TO
PUBLIC 
ELEMENTARY 
AND 
SECONDARY
SCHOOLS.
(a) IN GENERAL.—Subsection (e) of section 170 of
the Internal Revenue Code of 1986 (relating to certain
contributions of ordinary income and capital gain prop-
erty) is amended by adding at the end the following new
paragraph:
‘‘(7) SPECIAL RULE FOR CONTRIBUTIONS OF
SCIENCE, MATHEMATICS, OR
TECHNOLOGY
EQUIP-
MENT
FOR
PUBLIC
ELEMENTARY
OR
SECONDARY
SCHOOL PURPOSES.—
‘‘(A) IN
GENERAL.—Paragraph (1) shall
not apply to a qualified public elementary or
secondary educational contribution.
‘‘(B) QUALIFIED PUBLIC ELEMENTARY OR
SECONDARY
EDUCATIONAL
CONTRIBUTION.—
For purposes of this paragraph, the term
‘qualified public elementary or secondary edu-
cational contribution’ means a charitable con-
tribution by a corporation of any science, math-
ematics or technology equipment, but only if—
‘‘(i) the contribution is to a public
educational organization described in sub-
section (b)(1)(A)(ii),
‘‘(ii) the contribution is made not
later than 2 years after the date the tax-
payer acquired the property (or in the case
of property constructed by the taxpayer,
the date the construction of the property is
substantially completed),
‘‘(iii) the original use of the property
is by the donee,
‘‘(iv) substantially all of the use of the
property by the donee is for use within the
United States for educational purposes in
any of the grades K–12 that are related to
the purpose or function of the donee,
‘‘(v) the property is not transferred by
the donee in exchange for money, other
property, or services, except for shipping,
installation and transfer costs,
‘‘(vi) the property will fit productively
into the donee’s education plan, and
‘‘(vii) the donee’s use and disposition
of the property will be in accordance with
the provisions of clauses (iv) and (v).
‘‘(C) SPECIAL
RULE
RELATING
TO
CON-
STRUCTION OF PROPERTY.—For the purposes
of this paragraph, the rules of paragraph (4)(C)
shall apply.
‘‘(D) DEFINITIONS.—For the purposes of
this paragraph—
‘‘(i) 
SCIENCE, 
MATHEMATICS
OR
TECHNOLOGY
EQUIPMENT.—The 
term
‘science, mathematics or technology equip-
ment’ means—
‘‘(I) any equipment to be used in
the teaching of science, mathematics,
or technology course, and
‘‘(II) any other technology equip-
ment.
‘‘(ii) CORPORATION.—The term ‘cor-
poration’ has the meaning given to such
term by paragraph (4)(D).’’
(b) EFFECTIVE DATE.—The amendment made by
this section shall apply to contributions made after the
date of the enactment of this Act.
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