Bill
Bill > HR7769
summary
Introduced
07/24/2020
07/24/2020
In Committee
07/24/2020
07/24/2020
Crossed Over
Passed
Dead
12/31/2020
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/7769/all-info | 07/25/2020 |
| BillText | https://www.congress.gov/116/bills/hr7769/BILLS-116hr7769ih.pdf | 08/22/2020 |
| Bill | https://www.congress.gov/116/bills/hr7769/BILLS-116hr7769ih.pdf.pdf | 08/22/2020 |
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