Bill > HR1732

This bill, the Retaining Educators Takes Added Investment Now (RETAIN) Act, aims to address the nationwide shortage of experienced, qualified early childhood educators, teachers, school leaders, and school-based mental health services providers in early childhood, elementary, and secondary education settings. The bill creates a refundable tax credit to reward the retention of these professionals based on the time they spend serving high-need students. The credit amounts range from $5,800 for the first year of employment up to $11,600 for the tenth continuous year, with adjustments for inflation. The bill also requires the Secretary of Labor, in coordination with other federal agencies, to develop and publish an annual data series on the average base salaries of teachers and early childhood educators, disaggregated by various factors.