109 HR 5210 IH: Professional Educators Tax Relief Act of 2006 U.S. House of Representatives 2006-04-26 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 109th CONGRESS 2d Session H. R. 5210 IN THE HOUSE OF REPRESENTATIVES April 26, 2006 Mr. Paul 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 and to amend title II of the Social Security Act to replace the 60-month period of employment requirement for application of the Government pension offset exemption with the rule that last applied before section 418 of the Social Security Protection Act of 2004 was enacted.

1.

Short title

This Act may be cited as the Professional Educators Tax Relief Act of 2006.

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 25D the following new section:

25E.

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 who— (1)is employed— (A)as a teacher in any of the grades kindergarten through grade 12, or (B)in another capacity (including librarians) in any of the grades kindergarten through grade 12, or in a position which involves regular contact with students in any of such grades, and whose position involves the formulation or implementation of the academic program for any of the grades kindergarten through 12, and (2)is employed on a full-time basis for an academic year that ends during the taxable year.

. (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 25D the following new item: Sec. 25E. 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, 2006.

3.

Restoration of earlier rule for application of Government pension offset exemption

(a)

In general

Section 202(k)(5)(A) of the Social Security Act is amended (in the matter before clause (i)) by striking during any portion of the last 60 months of such service ending with and inserting on. (b)

Effective date

The amendment made by subsection (a) shall apply with respect to applications for benefits under title II of the Social Security Act filed on or after the first day of the first month that begins after the date of the enactment of this Act.