3.0.0 1020 2023-01-13T04:47:45Z 2023-01-13T04:47:45Z Senate S S 2005-05-12 109 ssfi00 Finance Committee Senate Standing Referred to 2005-05-12T21:50:07Z 2005-05-12 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5111-5114) IntroReferral 2005-05-12 Sponsor introductory remarks on measure. (CR S5109-5111) IntroReferral B00100 9 Library of Congress 2005-05-12 Introduced in Senate IntroReferral 10000 9 Library of Congress C001057 Sen. Coleman, Norm [R-MN] Norm Coleman R MN N P000590 Sen. Pryor, Mark L. [D-AR] Mark Pryor D AR Lunsford 2005-05-12 True Science, Technology, Communications Academic performance Administrative fees Charitable contributions Commerce Computers Corporation taxes Cost of living adjustments Department of Commerce Depressed areas Disabled Disaster relief Economics and Public Finance Education Education of the disadvantaged Elementary and secondary education Elementary education Emergency Management Employment of the disabled Engineering Engineers Enterprise zones Federal aid to education Federal aid to research Foreign Trade and International Finance Government Operations and Politics Higher education Housing and Community Development Income tax Indexing (Economic policy) Indian economic development Information technology Infrastructure Intellectual property International competitiveness Labor and Employment Law Mathematics Mentoring Minorities Patents Research and development tax credit Research centers Rural economic development Scholarships Scientific education Secondary education Tax credits Tax deductions Teacher education Teaching Teaching materials Technical education Trade adjustment assistance Trademarks Science, Technology, Communications 00 2005-05-12 Introduced in Senate 2005-06-14T21:44:17Z Collaborative Opportunities to Mobilize and Promote Education, Technology, and Enterprise Act of 2005 - COMPETE Act of 2005 - Amends the Internal Revenue Code to provide tax incentives for research and education by: (1) extending a research credit; (2) increasing rates of an alternative incremental credit for research; (3) establishing an alternative simplified credit for qualified research expenses; (4) providing a credit for information and communications technology education; and (5) setting an alternative percentage limitation for corporate charitable contributions to the mathematics and science partnership program.

Requires the Director of the National Science Foundation to award grants to partnerships of institutions of higher education (IHEs) and other entities to establish 10 regional training and research Making America Competitive (MAC) Centers to help maintain U.S. workforce and education investment and infrastructure in the sciences, technology, engineering, and mathematics.

Amends the Elementary and Secondary Education Act of 1965 to direct the Secretary of Education to make partnership bonus grants annually to a certain number of elementary and of secondary schools in each state that show the most improvement in mathematics and in science, respectively.

Authorizes the Director of the Office of Science of the Department of Energy to award matching grants to IHEs to: (1) provide stipends or other financial assistance for students enrolled in graduate programs in the sciences, technology, engineering, or mathematics; and (2) support outreach and mentoring activities to increase the participation of underrepresented groups in the sciences, technology, engineering, or mathematics at all or any level of education, including elementary, secondary and postsecondary education.

Amends federal patent law to require the Director of the U.S. Patent and Trademark Office, for any fiscal year when estimated fee collections exceed appropriations to the Office, to reduce fees under the Trademark Act of 1946 for that fiscal year or its remainder so that estimated collections equal the amount appropriated.

]]> COMPETE Act of 2005 Display Title COMPETE Act of 2005 Official Title as Introduced A bill to make the United States competitive in a global economy. Introduced in Senate IS Short Titles as Introduced COMPETE Act of 2005 Short Titles as Introduced Collaborative Opportunities to Mobilize and Promote Education, Technology, and Enterprise Act of 2005 Introduced in Senate 2005-05-12T04:00:00Z 2005-05-12 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5111-5114) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.