To amend the Internal Revenue Code of 1986 to address the teacher and school leader shortage in early childhood, elementary, and secondary education, and for other purposes.
Summary
What This Bill Does
The bill creates purpose The purpose of this Act is to create a refundable tax credit for early childhood educators, teachers, early childhood education program directors, school leaders, and school-based mental health services, requires findings Congress finds the following: The shortage of experienced, qualified early childhood educators and elementary school and secondary school teachers is a national problem that compromises the academic, and creates refundable tax credit for teacher and school leader retention Subpart C of part IV of subchapter A of chapter 1 of subtitle A of the Internal Revenue Code of 1986 is amended by inserting after section 36B. It relies on tax credits, compliance mandates, definition changes, and grants. The main policy areas are Education, Finance, Housing, and Foreign Policy.
Who Benefits and How
Educational institutions and students affected by the bill could face lower compliance burdens, Homeowners, tenants, or housing market participants affected by the bill could face lower compliance burdens, and Financial services firms and customers affected by the bill could face lower compliance burdens.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Patients and health care consumers affected by the bill would take on compliance duties, and Foreign businesses and cross-border trade participants affected by the bill would take on compliance duties.
Key Provisions
- Creates purpose The purpose of this Act is to create a refundable tax credit for early childhood educators, teachers, early childhood education program directors, school leaders, and school-based mental health services...
- Requires findings Congress finds the following: The shortage of experienced, qualified early childhood educators and elementary school and secondary school teachers is a national problem that compromises the academic...
- Creates refundable tax credit for teacher and school leader retention Subpart C of part IV of subchapter A of chapter 1 of subtitle A of the Internal Revenue Code of 1986 is amended by inserting after section 36B...
- Creates teacher and school leader retention credit In the case of an individual who is employed in a position described in paragraph (2) during a school year ending with or within the taxable year, there shall be...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates purpose The purpose of this Act is to create a refundable tax credit for early childhood educators, teachers, early childhood education program directors, school leaders, and school-based mental health services, requires findings Congress finds the following: The shortage of experienced, qualified early childhood educators and elementary school and secondary school teachers is a national problem that compromises the academic, and creates refundable tax credit for teacher and school leader retention Subpart C of part IV of subchapter A of chapter 1 of subtitle A of the Internal Revenue Code of 1986 is amended by inserting after section 36B.
Key Policy Areas
Education, Finance, Housing, Foreign Policy
Primary Purpose
The bill creates purpose The purpose of this Act is to create a refundable tax credit for early childhood educators, teachers, early childhood education program directors, school leaders, and school-based mental health services, requires findings Congress finds the following: The shortage of experienced, qualified early childhood educators and elementary school and secondary school teachers is a national problem that compromises the academic, and creates refundable tax credit for teacher and school leader retention Subpart C of part IV of subchapter A of chapter 1 of subtitle A of the Internal Revenue Code of 1986 is amended by inserting after section 36B.
Policy Domains
Whole bill
Identified Gains
- Educational institutions and students affected by the bill
- Homeowners, tenants, or housing market participants affected by the bill
- Financial services firms and customers affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Patients and health care consumers affected by the bill
- Foreign businesses and cross-border trade participants affected by the bill
- Financial services firms and customers affected by the bill
- Educational institutions and students affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Schneider (for himself and Ms. Stevens) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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