17053.
(a) For each taxable year beginning on or after January 1, 2017, and before January 1, 2027, there shall be allowed to a qualified taxpayer a credit against the “net tax,” as defined in Section 17039, in an amount equal to 50 percent of the qualified costs paid or incurred during the taxable year to earn a clear teaching credential.(b) For purposes of this section:
(1) “Clear teaching credential” means a credential that signifies that all education, experience, and program requirements have been met to teach in a California public school beyond five years, including a general education clear credential or an education specialist instruction clear credential authorized pursuant to Article 4 (commencing with Section 44250) of Chapter 2 of Part 25 of Division 3 of Title 2 of the Education Code.
(2) “Educational assessment vendor” means a vendor approved by the Commission on Teacher Credentialing to administer assessments developed or approved by the commission, including the National Board for Professional Teaching Standards.
(3) “Local education agency” means a public school employer who charges a fee for participation in a required program of beginning teacher induction or a Commission on Teacher Credentialing approved sponsor of a program of beginning teacher induction.
(4) “Qualified costs” means unreimbursed costs paid or incurred by the qualified taxpayer to a local education agency, regionally accredited institution of higher education, or educational assessment vendor for any of the following:
(A) Program enrollment fees directly related to the completion of a second-tier teaching credential in a program approved by the Commission on Teacher Credentialing to earn a clear teaching credential pursuant to Article 4 (commencing with Section 44250) of Chapter 2 of Part 25 of Division 3 of Title 2 of the Education Code, including general education and education specialist induction programs.
(B) Program enrollment fees for a master’s degree leading to a clear teaching credential to the extent an approved induction program is verified as unavailable by the qualified taxpayer’s employer, and the program is approved by the Commission on Teacher Credentialing.
(C) Fees for certification assessments, including performance assessments required by the Commission on Teacher Credentialing, to complete requirements of programs described in subparagraph (A) or (B).
(D) Tuition for years four and five in an integrated program of professional preparation, as described in Section 44259.1 of the Education Code.
(5) “Qualified taxpayer” means an individual who is a teacher of record in a kindergarten through grade 12 regionally accredited California school prior to their sixth school year of employment as a teacher of record. A taxpayer does not need to have a clear teaching credential or a full-time position as a teacher of record to be a “qualified taxpayer” for purposes of the credit allowed by this section.
(6) “Regionally accredited institution of higher education” means a college or university that has been approved by the Commission on Teacher Credentialing to provide a program of beginning teacher induction.
(7) “Teacher of record” means a teacher who has been assigned the responsibility for specified pupils’ learning in a grade, subject, or course as reflected on the school’s official record of attendance.
(c) In the case where the credit allowed by this section exceeds the “net tax,” the excess may be carried over to reduce the “net tax” in the following year, and succeeding four years if necessary, until the credit is exhausted.
(d) (1) The Franchise Tax Board may issue any regulations necessary or appropriate to implement the purposes of this section.
(2) Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code shall not apply to any standard, criterion, rule, notice, guideline, or procedure established or issued by the Franchise Tax Board pursuant to this section.
(e) This section shall remain in effect only until December 1, 2027, and as of that date is repealed.