117 S3424 IS: Supporting Early-childhood Educators’ Deductions Act U.S. Senate 2021-12-16 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.

II117th CONGRESS1st SessionS. 3424IN THE SENATE OF THE UNITED STATESDecember 16, 2021Mr. Bennet (for himself and Ms. Collins) introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo amend the Internal Revenue Code of 1986 to allow early childhood educators to take the educator expense deduction, and for other purposes.

1.

Short title

This Act may be cited as the Supporting Early-childhood Educators’ Deductions Act or the SEED Act.

2.

Educator expense deduction to include early childhood educators

(a)

In general

Section 62 of the Internal Revenue Code of 1986 is amended—(1)in subsection (a)(2)(D), by striking elementary and secondary in the heading and inserting early childhood, elementary, and secondary;(2)in subsection (d)(1)(A), by striking kindergarten through grade 12 teacher and inserting, early childhood or kindergarten through grade 12 teacher, educator; and (3)in subsection (d)(1)(B), by striking elementary education or secondary education and inserting early childhood education (through pre-kindergarten) or elementary or secondary education.(b)

Effective date

The amendments made by this section shall apply to expenses incurred in taxable years beginning after December 31, 2020.