S. 686 117th Congress Senate

RETAIN Act

Official title: A bill to amend the Internal Revenue Code of 1986 to address the teacher and school leader shortage in early childhood, elementary, and secondary education, and for other purposes.

Introduced: March 10, 2021 Introduced by: Richard J. Durbin Democratic · Illinois See on congress.gov

Taxation Elementary and secondary educationGovernment employee pay, benefits, personnel managementGovernment information and archivesGovernment studies and investigations

More subjectsShow fewer subjects

Income tax creditsIncome tax deductionsInflation and pricesState and local government operationsStudent aid and college costsTeaching, teachers, curricula

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 10, 2021

Read twice and referred to the Committee on Finance. (text: CR S1469-1471)

Mar 10, 2021

Introduced in Senate

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Latest action March 10, 2021

Read twice and referred to the Committee on Finance. (text: CR S1469-1471)

Plain-English summary Congressional Research Service

Retaining Educators Takes Added Investment Now Act or the RETAIN 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.

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