S. 1584 · 118th Congress
RAISE Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
BookerSponsor5 cosponsors · 5 D
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Respect, Advancement, and Increasing Support for Educators Act of 2023 or the RAISE Act of 2023
What it does: CRS summary · Introduced in Senate · May 11, 2023
Respect, Advancement, and Increasing Support for Educators Act of 2023 or the RAISE Act of 2023
This bill allows eligible educators (i.e., any elementary or secondary teacher and any early childhood educator) a refundable tax credit of $1,000 plus an additional amount (based upon a specified student poverty ratio) for eligible educators employed at a qualifying school (i.e., a public elementary or secondary school that is eligible for certain federal assistance or is funded by the Bureau of Indian Education), or an early childhood education program for children receiving certain federal assistance.
The bill also increases the amount of the tax deduction for the expenses of elementary and secondary school teachers and expands such credit to include early childhood educators.
The bill provides additional funding to local educational agencies that maintain or increase the salaries of their teachers.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: RAISE Act of 2023
Also known as: Respect, Advancement, and Increasing Support for Educators Act of 2023
Latest action (May 11, 2023): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: May 11, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.