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United States · Bill · S

S. 542 (106th)

New Millennium Classrooms Act

openUnited States· United States Congress· EN

Introduced

4 March 1999

Last action

7 February 2000 · Introduced

Status

Sponsor introductory remarks on measure. (CR S385-387)

Sponsors

Sen. Abraham, Spencer [R-MI], Sen. Wyden, Ron [D-OR], Sen. Hatch, Orrin G. [R-UT], Sen. Kerrey, J. Robert [D-NE], Sen. Coverdell, Paul [R-GA], Sen. Daschle, Thomas A. [D-SD], Sen. Jeffords, James M. [I-VT], Sen. Lieberman, Joseph I. [ID-CT], Sen. Allard, Wayne [R-CO], Sen. Gorton, Slade [R-WA], Sen. Burns, Conrad R. [R-MT], Sen. McConnell, Mitch [R-KY], Sen. Ashcroft, John [R-MO], Sen. Helms, Jesse [R-NC], Sen. Hollings, Ernest F. [D-SC], Sen. Hutchison, Kay Bailey [R-TX], Sen. Smith, Gordon H. [R-OR], Sen. Boxer, Barbara [D-CA], Sen. Cochran, Thad [R-MS], Sen. Bennett, Robert F. [R-UT], Sen. Santorum, Rick [R-PA], Sen. Collins, Susan M. [R-ME], Sen. Crapo, Mike [R-ID], Sen. Campbell, Ben Nighthorse [R-CO], Sen. Bingaman, Jeff [D-NM], Sen. Bond, Christopher S. [R-MO], Sen. Harkin, Tom [D-IA], Sen. Warner, John [R-VA], Sen. Grams, Rod [R-MN], Sen. Hagel, Chuck [R-NE], Sen. Johnson, Tim [D-SD], Sen. Bryan, Richard H. [D-NV], Sen. Grassley, Chuck [R-IA]

Subjects

Taxation, Education

Source updated

20 August 2025

Taxation · Education

Official sourceDownload fileView documentsShare

Summary

New Millennium Classrooms Act - Amends the Internal Revenue Code to: (1) increase from two to three years the age of computer equipment that corporations may donate to tax-exempt schools and for which they may receive a tax deduction; and (2) allow a business tax credit of 30 percent of the value of computer equipment donated to tax-exempt schools. Increases the amount of such credit to 50 percent for contributions to schools in empowerment zones, enterprise communities, and Indian reservations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 March 1999

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 4 March 1999

    Introduced

    Sponsor introductory remarks on measure. (CR S2318-2320)

    Source: IntroReferral

  3. 4 March 1999

    Introduced

    Introduced in Senate

    Source: IntroReferral

  4. 3 August 1999

    Introduced

    Sponsor introductory remarks on measure. (CR S10071)

    Source: IntroReferral

  5. 5 August 1999

    Introduced

    Sponsor introductory remarks on measure. (CR S10374)

    Source: IntroReferral

  6. 7 February 2000

    Introduced

    Sponsor introductory remarks on measure. (CR S385-387)

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 4 March 1999

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 4 March 1999

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 4 March 1999

    Open at official source

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Sponsors

Related records

Sources

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