COMPETE Act of 2007
Latest action · Mar 9, 2007 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2971-2973)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 9, 2007
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Competitiveness through Education, Technology, and Enterprise Act of 2007 or the COMPETE Act of 2007 - Amends the Internal Revenue Code to provide tax incentives for research and education by: (1) making permanent the credit for increasing research activities; (2) providing a credit for information and communications technology education; and (3) setting an alternative percentage limitation for corporate charitable contributions to the mathematics and science partnership program.
Directs the Administrator of the Small Business Administration to establish an SBIR-STEM Workforce Development Grant Pilot program awarding bonus grants to grantees under the Small Business Innovation Research program to provide workforce development opportunities to college students in the science, technology, engineering, and mathematics fields.
Expresses the sense of the Senate that the maximum Pell Grant should be increased from $4,600 for academic year 2008-2009 to $5,400 for academic year 2012-2013.
Authorizes the Secretary of Energy to award matching grants to institutions of higher education 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 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.
Cosponsors 1
Members who signed on, in the order they did. All signed on Mar 9, 2007.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-AR | Mark L. Pryor | Original | Mar 9, 2007 |
Actions 3
Everything that happened, newest first.
- Mar 9, 2007Introduced in Senate
- Mar 9, 2007Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2971-2973)
- Mar 9, 2007Sponsor introductory remarks on measure. (CR S2970-2971)
Subjects
Assigned by the Library of Congress. Policy area: Science, Technology, Communications.
- Academic performance
- Charitable contributions
- Commerce
- Corporate philanthropy
- Corporation taxes
- Depressed areas
- Disabled
- Disaster relief
- Economics and Public Finance
- Education
- Education of the disadvantaged
- Educational accountability
- Elementary and secondary education
- Elementary education
- Emergency Management
- Employment of the disabled
- Engineering
- Engineers
- Enterprise zones
- Federal aid to education
- Foreign Trade and International Finance
- Higher education
- Housing and Community Development
- Income tax
- Indian economic development
- Information technology
- Infrastructure
- International competitiveness
- Job creation
- Labor and Employment
- Law
- Mathematics
- Mentoring
- Minorities
- Minority education
- Research and development tax credit
- Rural economic development
- Scholarships
- Science, Technology, Communications
- Scientific education
- Secondary education
- Small business
- Student employment
- Tax credits
- Tax deductions
- Technical education
- Tuition tax credits
- Women
- Women's education
Text 1
Each version as it was printed, newest first.
- Mar 9, 2007Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.