National Science and Mathematics Teachers Development Act

National Science and Mathematics Teachers Development Act - Establishes the National Science and Mathematics Teachers Development Board in the Department of Education. Requires that the functions of the Secretary of Education under this Act be carried out through the Board.

Directs the Secretary to make grants to institutions of higher education for continuing education programs designed to improve the skills and competence of secondary school teachers of science and mathematics.

Authorizes appropriations for FY 1985 to carry out this Act. Authorizes appropriations for related administrative expenses.

Sets forth application requirements for program participation by institutions of higher education.

Directs the Secretary to establish criteria to achieve equitable distribution of assistance under this Act among the States and areas within each State.

Limits the amount of any grant under this Act to a single institution of higher education to $200,000.

Authorizes the Secretary to make supplementary matching grants to institutions of higher education under specified conditions. Limits each such grant to $250,000.

Sets forth provisions for payments to institutions of higher education under this Act.

Directs the Secretary to report to the Congress by December 31, 1985, on expenditures under this Act, Board activities, and types of grants made, with recommendations for further legislation to develop adequate science and mathematics teacher training.