Senate Bill Seeks to Remove Income Tax for Teachers
A bill currently making its way through the state legislature could eliminate income tax for educators.
The teacher shortage in the state, as well as nationwide, seems to be getting worse each day. School districts have come up with varying incentives to help remedy the situation. But now it seems change may come at a state level with the introduction of SB 807, authored by Senator Henry Stern, D-Canoga Park, and Senator Cathleen Galgiani, D-Stockton.
“Teachers are the original job creators. The teaching profession is critical to California’s economic success and impacts every vocation and profession in the state,” said Senator Stern. “SB 807 addresses the immediate teacher shortage and sends a loud and clear message across the state and nation: California values teachers. We will help train you and we want you to stay in the classroom.”
The law would be the first of its kind nationwide, taking affect as soon as it’s signed, and would create a tax credit for taxable years from 2017 to 2026.
Read more at US News and World Report.