HR 3265 118th Congress House Taxation

RETAIN Act

Introduced: August 20, 2024 Introduced by: Schneider, Bradley Scott Democratic · Illinois See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 11, 2023

Introduced in House

May 11, 2023

Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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Plain-English summary Congressional Research Service

Retaining Educators Takes Added Investment Now Act or the RETAIN Act

This bill allows a refundable income tax credit for early childhood educators and program directors, school leaders, and mental health services providers in early childhod educational settings that rewards retention based upon the time such educators spend serving students.

The bill directs the Secretary of Labor, in coordination with other department heads, to develop and publish, with annual updates, a data series that captures the average base salary of teachers in elementary and secondary schools and of early childhood educators.

What's happening now May 11, 2023

Related & companion bills 1

Bill text 1 version