[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 405 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 405

To amend the Internal Revenue Code of 1986 to provide a tax credit for 
 professional school personnel in grades kindergarten through grade 12.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 26, 2005

 Mr. Paul (for himself, Mr. Miller of Florida, Ms. Millender-McDonald, 
   and Mr. Ryun of Kansas) 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 
 professional school personnel in grades kindergarten through grade 12.

    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 ``Professional Educators Tax Relief 
Act of 2005''.

SEC. 2. TAX CREDIT FOR PROFESSIONAL SCHOOL PERSONNEL IN GRADES K-12.

    (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. PROFESSIONAL SCHOOL PERSONNEL IN GRADES K-12.

    ``(a) Allowance of Credit.--In the case of an eligible individual, 
there shall be allowed as a credit against the tax imposed by this 
chapter for the taxable year an amount equal to $1,000.
    ``(b) Eligible Individual.--For purposes of this section, the term 
`eligible individual' means any individual--
            ``(1) who is employed--
                    ``(A) on a full-time basis or in another capacity 
                (including librarians) in any of the grades 
                kindergarten through grade 12, or
                    ``(B) in a position which involves regular contact 
                with students in any of such grades, and
            ``(2) whose position involves the formulation or 
        implementation of the academic program for any of the grades 
        kindergarten through 12.
    ``(c) Cost-of-Living Adjustment.--
            ``(1) In general.--In the case of any taxable year 
        beginning in a calendar year after 2005, the $1000 amount 
        contained in subsection (a) shall be increased by an amount 
        equal to--
                    ``(A) such dollar amount, multiplied by
                    ``(B) the cost-of-living adjustment determined 
                under section 1(f)(3) for the calendar year in which 
                the taxable year begins, by substituting `calendar year 
                2004' for `calendar year 1992' in subparagraph (B) 
                thereof.
            ``(2) Rounding.--If any increase determined under paragraph 
        (1) is not a multiple of $10, such increase shall be increased 
        to the next highest multiple of $10. In the case of a married 
        individual (as determined under section 7703) filing a separate 
        return, the preceding sentence shall be applied by substituting 
        `$5' for `$10' each place it appears.''.
    (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. Professional school personnel in grades K-12.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2004.
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