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Bill > HR7769


US HR7769

US HR7769
RETAIN Act Retaining Educators Takes Added Investment Now Act


summary

Introduced
07/24/2020
In Committee
07/24/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

RETAIN Act Retaining Educators Takes Added Investment Now Act This bill allows a refundable tax credit for the employment of early childhood educators, teachers, early childhood education program directors, school leaders, and school-based mental health services providers that is based upon the number of school years for which such individuals have been continuously employed.

AI Summary

This bill creates a refundable tax credit for the employment of early childhood educators, teachers, early childhood education program directors, school leaders, and school-based mental health services providers. The credit amount is based on the number of school years the individual has been continuously employed in such a position, with higher credit amounts for those with more years of continuous service. The bill also requires the development of a data series to capture the average base salaries of teachers and early childhood educators.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to the Subcommittee on Select Revenue Measures. (on 07/24/2020)

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