S 1584
RAISE Act of 2023
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The RAISE Act of 2023 proposes a refundable tax credit for eligible educators, including elementary and secondary teachers and early childhood educators, to help support their salaries. The credit amount increases based on the student poverty ratio at the school where the educator works. Additionally, the bill expands an existing tax deduction for teacher expenses and increases it, and provides additional funding to local educational agencies to help them maintain or increase teacher salaries. It also aims to ensure that teacher pay increases don't negatively impact existing teacher compensation programs.
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