S.Amdt. 2640
What it does: Rewrites page 76, line 24 through page 77, line 2
Sen. John D. Rockefeller IV (D-WV)What it changes
1 change to S. 2020
We couldn't read part of this amendment. That part is shown as written below.
Rewrites page 76, line 24 through page 77, line 2
ReplacesPrinted pageRemoves page 76, line 24 through page 77, line 2 of the printed bill. See that page
Inserted: (B) Qualified contributions.--
Inserted: (i) In general.--For purposes of subparagraph (A), the term 'qualified contribution' means any contribution (of a type and quality acceptable to the eligible local education agency) of--
Inserted: (I) equipment or software for use in the qualified zone academy (including state-of-the-art technology and vocational equipment),
Inserted: (II) technical assistance in developing curriculum or in training teachers in order to promote appropriate market driven technology in the classroom,
Inserted: (III) services of employees (but not of the local education agency) as volunteer mentors,
Inserted: (IV) internships, or other educational opportunities outside the academy for students,
Inserted: (V) cash, or
Inserted: (VI) any other tangible or intangible property specified by the eligible local education agency.
Inserted: (ii) Exclusion.--Such term shall not include any discounts, set-up fees, and contributions conditioned upon business with the contributor.
Inserted: (iii) Valuation.--Valuation of the qualified contribution shall be reasonable given the nature of the contribution. For tangible and intangible property, valuation based on pricing that is regularly charged for the sale of such tangible and intangible property shall be reasonable. For services, valuation of such services based on pricing that is regularly charged for the sale of such services shall be reasonable. For services that are not regularly sold, valuation based on the average hourly compensation, including benefits, of the employees providing such services for the contributor shall be reasonable, so long as such cost is applied to the reasonable estimate of the contributed hours for such services.
Original wording
Beginning on page 76, strike line 24 and all that follows through page 77, line 2, and insert the following:
Shown as written
Section 1397E(d)(2)(B) is amended to read as follows:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2640. Mr. ROCKEFELLER submitted an amendment intended to be proposed by him to the bill S. 2020, to provide for reconciliation pursuant to section 202(b) of the concurrent resolution on the budget for fiscal year 2006; which was ordered to lie on the table; as follows:
Beginning on page 76, strike line 24 and all that follows through page 77, line 2, and insert the following: Section 1397E(d)(2)(B) is amended to read as follows:
“(B) Qualified contributions.--
“(i) In general.--For purposes of subparagraph (A), the term ‘qualified contribution' means any contribution (of a type and quality acceptable to the eligible local education agency) of--
“(I) equipment or software for use in the qualified zone academy (including state-of-the-art technology and vocational equipment),
“(II) technical assistance in developing curriculum or in training teachers in order to promote appropriate market driven technology in the classroom,
“(III) services of employees (but not of the local education agency) as volunteer mentors,
“(IV) internships, or other educational opportunities outside the academy for students,
“(V) cash, or
“(VI) any other tangible or intangible property specified by the eligible local education agency.
“(ii) Exclusion.--Such term shall not include any discounts, set-up fees, and contributions conditioned upon business with the contributor.
“(iii) Valuation.--Valuation of the qualified contribution shall be reasonable given the nature of the contribution. For tangible and intangible property, valuation based on pricing that is regularly charged for the sale of such tangible and intangible property shall be reasonable. For services, valuation of such services based on pricing that is regularly charged for the sale of such services shall be reasonable. For services that are not regularly sold, valuation based on the average hourly compensation, including benefits, of the employees providing such services for the contributor shall be reasonable, so long as such cost is applied to the reasonable estimate of the contributed hours for such services.”.
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Senate amendment submitted
November 17, 2005