RETAIN Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1676 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1676 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. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 8, 2025 Mr. Durbin (for himself and Ms. Smith) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Retaining Educators Takes Added Investment Now Act'' or the ``RETAIN Act''. SEC. 2. PURPOSE. The purpose of this Act is to create a refundable tax credit for early childhood educators, teach…