Vaccines for the New Millennium Act of 2000

[AI summary unavailable — showing source text] Vaccines for the New Millennium Act of 2000 - Amends the Foreign Assistance Act of 1961 to restate as the goal for the protection of children from immunizable diseases the universal protection of all children from such diseases by December 31, 2009. (Sec. 4) Authorizes appropriations for FY 2001 and 2002 for U.S. contributions to: (1) the Global Alliance for Vaccines and Immunizations; and (2) the International AIDS Vaccine Initiative. Requires the President to include in a required report for such fiscal years information on the effectiveness of the above Global Alliance in meeting its immunization and research and development goals. (Sec. 5) Amends the Internal Revenue Code to provide a business tax credit of 30 percent of qualified vaccine research expenses for a taxable year. Includes as appropriate vaccine research research with respect to malaria, tuberculosis, HIV, or any infectious disease which causes over one million deaths annually. Prohibits such credit from being taken into account when determining the current credit allowed for increasing research expenditures. Prohibits the credit for any research conducted outside the United States. Expresses the sense of Congress t…