[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1643 Introduced in House (IH)]







108th CONGRESS
  1st Session
                                H. R. 1643

To amend the Internal Revenue Code of 1986 to provide a tax credit for 
    teachers and principals who work in certain low income schools.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 3, 2003

 Mrs. Wilson of New Mexico (for herself, Mr. Boehner, Mr. Sandlin, Ms. 
Millender-McDonald, Mr. English, Mr. Tiberi, Mr. Boucher, Mr. Case, Mr. 
 Frost, Mr. Sherman, Mr. Putnam, Mr. Hayes, Mr. Souder, Mr. Paul, Mr. 
 Berry, Mr. Holden, Mr. Davis of Alabama, Mr. Davis of Tennessee, Mr. 
  Lucas of Kentucky, Mrs. Jones of Ohio, Mr. Simmons, Ms. Ginny Brown-
  Waite of Florida, Mr. Greenwood, Mr. Wilson of South Carolina, Mr. 
  Boswell, Mr. Kennedy of Rhode Island, Mr. Moore, Mr. Stenholm, Mr. 
    Pearce, Mr. Udall of New Mexico, Mr. Etheridge, and Mr. Ehlers) 
 introduced the following bill; which was referred to the Committee on 
                             Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to provide a tax credit for 
    teachers and principals who work in certain low income schools.

    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 ``Teacher Tax Credit Act of 2003''.

SEC. 2. CREDIT FOR EDUCATORS IN CERTAIN ELEMENTARY OR SECONDARY 
              SCHOOLS.

    (a) In General.--Subpart A of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 (relating to nonrefundable 
personal credits) is amended by inserting after section 25B the 
following new section:

``SEC. 25C. EDUCATORS IN CERTAIN ELEMENTARY AND SECONDARY SCHOOLS.

    ``(a) Allowance of Credit.--In the case of an eligible educator, 
there shall be allowed as a credit against the tax imposed by this 
chapter for a taxable year an amount equal to $2,000.
    ``(b) Definitions.--For purposes of this section--
            ``(1) Eligible educator.--The term `eligible educator' 
        means, with respect to any taxable year, an individual who is a 
        kindergarten through grade 12 teacher, instructor, counselor, 
        principal, or aide in an eligible elementary or secondary 
        school for at least 900 hours during a school year.
            ``(2) Eligible elementary or secondary school.--The term 
        `eligible elementary or secondary school' means any school that 
        is eligible for schoolwide assistance under part A of title I 
        of the Elementary and Secondary Education Act of 1965 (as 
        amended by the No Child Left Behind Act of 2001 (Public Law 
        107-110)).''.
    (b) Clerical Amendment.--The table of sections for subpart A of 
part IV of subchapter A of chapter 1 of such Code is amended by 
inserting after the item relating to section 25B the following new 
item:

                              ``Sec. 25C. Educators in certain 
                                        elementary and secondary 
                                        schools.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2002.
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