RAISE Act of 2025

Bill 119 hr 1611, also known as the Teacher Tax Credit Act, aims to amend the Internal Revenue Code of 1986 to offer a refundable tax credit to certain teachers. This tax credit is intended to serve as a supplement to state efforts to ensure that teachers receive a livable wage. The bill is designed to provide financial support to teachers who may be struggling to make ends meet due to low salaries.

The proposed tax credit would be refundable, meaning that even if a teacher does not owe any federal income tax, they would still receive the full amount of the credit. This is significant as it ensures that all eligible teachers, regardless of their tax liability, would benefit from this financial assistance.

The bill emphasizes the importance of supporting teachers who play a crucial role in shaping the future of our society by educating and inspiring the next generation. By providing this tax credit, the government aims to recognize the hard work and dedication of teachers and help alleviate some of the financial burdens they may face. In addition to providing a tax credit for teachers, the bill also includes provisions for other purposes related to improving the financial well-being of educators. Overall, the Teacher Tax Credit Act seeks to address the issue of low teacher salaries and provide much-needed financial relief to those who are essential to the education system.