Bill > S2510

This bill, the Respect, Advancement, and Increasing Support for Educators (RAISE) Act, aims to provide a refundable tax credit for certain elementary, secondary, and early childhood educators, increase the tax deduction for educator expenses, and create mandatory funding to support local educational agencies that maintain or increase teacher salaries. Specifically, the bill allows a refundable tax credit of up to $9,500 for eligible educators working at schools with high student poverty rates, increases the tax deduction for educator expenses from $250 to $500, and expands the deduction to include early childhood educators. Additionally, the bill provides mandatory funding, increasing annually with inflation, for grants to local educational agencies that maintain or increase teacher salaries.

Budget and Finance

https://www.congress.gov/bill/116th-congress/senate-bill/2510/all-info