CORPORATE DONATIONS OF SCIENTIFIC PROPERTY USED FOR RESEARCH AND OF COMPUTER TECHNOLOGY AND EQUIPMENT.

SEC. 116. CORPORATE DONATIONS OF SCIENTIFIC PROPERTY USED FOR RESEARCH AND OF COMPUTER TECHNOLOGY AND EQUIPMENT.(a) Extension of Computer Technology and Equipment Donation.—(1) In general.—Section 170(e)(6)(G) is amended by striking “2005” and inserting “2007”.(2) Effective date.—The amendment made by paragraph (1) shall apply to contributions made in taxable years beginning after December 31, 2005.(b) Expansion of Charitable Contribution Allowed for Scientific Property Used for Research and for Computer Technology and Equipment Used for Educational Purposes.—(1) Scientific property used for research.—(A) In general.—Clause (ii) of section 170(e)(4)(B) (defining qualified research contributions) is amended by inserting “or assembled” after “constructed”.(B) Conforming amendment.—Clause (iii) of section 170(e)(4)(B) is amended by inserting “or assembly” after “construction”.(2) Computer technology and equipment for educational purposes.—(A) In general.—Clause (ii) of section 170(e)(6)(B) is amended by inserting “or assembled” after “constructed” and “or assembling” after “construction”.(B) Conforming amendment.—Subparagraph (D) of section 170(e)(6) is amended by inserting “or assembled” after “constructed” and “or assembly” after “construction”.(3) Effective date.—The amendments made by this subsection shall apply to taxable years beginning after December 31, 2005.