AASA Submits Letter Supporting Education Items in Tax Extenders

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Earlier this week, the Senate Committee on Finance considered a package of tax extenders. AASA follows two items in the broader package, including the educator deduction and the Qualified Zone Academy Bonds (QZABs). In our letter, we supported the proposals to provide two-year extensions to both both programs. 

I am pleased to report that the Senate Finance Committee approved a $95 billion tax extenders package extending 52 expired tax provisions for 2 years, including both the educator deduction and QZABs. 

The educator deduction is a $250 above-the-line deduction for teachers and other school professionals for expenses paid or incurred for books, supplies, and materials. QZABs provide tax credits to assist the financing of school renovation, repair and modernization projects.  

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