Bill > SB267

This bill introduces a tax credit for qualified teachers who purchase instructional materials and classroom supplies, allowing them to claim up to $250 per year in unreimbursed expenses for items like books, computer equipment, and educational materials (excluding religious or non-academic supplies) for taxable years between January 1, 2026, and January 1, 2031. A "qualified teacher" is defined as an educator working in a public, charter, or private school teaching kindergarten through 12th grade, who works at least 900 hours during a school year. The bill aims to provide financial relief to teachers for out-of-pocket classroom expenses and establish a baseline to evaluate education funding effectiveness. If the credit exceeds the teacher's tax liability, the remaining credit can be carried forward for up to two additional years. The Franchise Tax Board is required to submit annual reports to the Legislature detailing the number of taxpayers claiming the credit and the total dollar amount. The legislation is designed to be temporary, with the credit provision set to expire on December 1, 2031, and includes an immediate tax levy provision to take effect right away.

Budget and Finance

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB267