110 STAT. 158 PUBLIC LAW 104-104—FEB. 8, 1996 audio, visual and data communications for elementary schools, secondary schools and public libraries; (II) distribute resources to assure equitable aid to all elementary schools and secondary schools in the State and achieve universal access to network technology; and (III) upgrade the delivery and development of learning through innovative technology-based instructional tools and applications; (iv) to provide loans, grants and other forms of assistance to State education technology agencies, with due regard for providing a fair balance among types of school districts and public libraries assisted and the disparate needs of such districts and libraries; (v) to leverage resources to provide maximum aid to elementary schools, secondary schools and public libraries; and (vi) to encourage the development of education telecommunications and information technologies through public-private ventures, by serving as a clearinghouse for information on new education technologies, and by providing technical assistance, including assistance to States, if needed, to establish State education technology agencies. (2) PURPOSE.— The purpose of this section is to recognize the Corporation as a nonprofit corporation operating under the laws of the District of Columbia, and to provide authority for Federal departments and agencies to provide assistance to the Corporation. (b) DEFINITIONS.— For the purpose of this section— ^ (1) the term "Corporation" means the National Education Technology Funding Corporation described in subsection (a)(1)(A); (2) the terms "elementary school" and "secondary school" have the same meanings given such terms in section 14101 of the Elementary and Secondary Education Act of 1965; and (3) the term "public library" has the same meaning given such term in section 3 of the Library Services and Construction Act. (c) ASSISTANCE FOR EDUCATION TECHNOLOGY PURPOSES. — (1) RECEIPT BY CORPORATION.— Notwithstanding any other provision of law, in order to carry out the corporate purposes described in subsection (a)(1)(C), the Corporation shall be eligible to receive discretionary grants, contracts, gifts, contributions, or technical assistance from any Federal department or agency, to the extent otherwise permitted by law. (2) AGREEMENT. —In order to receive any assistance described in paragraph (1) the Corporation shall enter into an agreement with the Federal department or agency providing such assistance, under which the Corporation agrees— (A) to use such assistance to provide funding and technical assistance only for activities which the Board of Directors of the Corporation determines are consistent with the corporate purposes described in subsection (a)(1)(C); (B) to review the activities of State education technology agencies and other entities receiving assistance from
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