"Quality Basic Education Act"; grants for educational programs; provisions relative to the teacher recruitment and retention tax credit program; revise

Summary

SB 515 amends the Quality Basic Education Act to increase the yearly limit of teachers who can receive the recruitment and retention tax credit from 1,000 to 1,200, streamlines program rules, and reduces the credit for new participants from $3,000 to $2,500 after a specified date. It defines “qualifying public schools” – rural or low‑performing schools – and sets criteria for selecting up to 100 such schools each year, prioritizing high‑need subject vacancies. The changes also cap total tax‑credit spending at $3 million per fiscal year.

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