Bill > HR3265

This bill, the RETAIN Act (Retaining Educators Takes Added Investment Now Act), creates a refundable tax credit for early childhood educators, teachers, early childhood education program directors, school leaders, and school-based mental health services providers in early childhood, elementary, and secondary education settings. The credit rewards retention based on the time spent serving high-need students, ranging from $5,800 for the first year to $11,600 for the tenth continuous year of employment. The bill also requires the development of a data series that captures the average base salaries of teachers and early childhood educators, disaggregated by various factors.