H.R. 1643House108th Congress (2003-2005)In Committee

Teacher Tax Credit Act of 2003

Introduced April 3, 2003

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Referred to the House Committee on Ways and Means.

April 3, 2003

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HouseIntro Referral

Introduced in House

April 3, 2003

HouseIntro Referral

Referred to the House Committee on Ways and Means.

April 3, 2003

Floor Debate

1 member

What members said about H.R. 1643 on the floor

1 Democrat
Charles W. Stenholm
Rep. Charles W. StenholmD-TX-17 · May 4, 2004

Mr. Speaker, I want to take time to recognize an important group of individuals who are being honored today, Tuesday, May 4, National Teacher Day. Growing up in Stamford, my own teachers played an…

Bill Text

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Introduced in HouseIssued April 3, 2003
        [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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