; and (B) recommendations (if any) for improving such credit to make it more effective. (2) Submission to Congress Not later than 5 years after the date of the enactment of this Act, the Secretary of the Treasury (or the Secretary’s delegate) shall submit the report required by paragraph (1) to the Secretary of Education, the Committee on Education and Workforce, the Committee on Financial Services, and the Committee on Ways and Means of the House of Representatives and the Committee on Health, Education, Labor, and Pensions, the Committee on Banking, Housing, and Urban Affairs, and the Committee on Finance of the Senate. (e) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act. 106. Teacher recruiting (a) Purpose It is the purpose of this section to encourage individuals educated in science, technology, engineering, and mathematics to enter and continue in the teaching profession, with the goal of attracting 10,000 of America’s brightest students to the teaching profession over the next 5 years. (b) Scholarships Title II of the Higher Education Act of 1965 ( 20 U.S.C. 1021 et seq.) is amended— (1) by redesignating part C as part E; (2) by redesignating section 261 as section 281