Permits teacher who retired from TPAF to return to employment for two years without reenrollment in TPAF; provides gross income tax relief for certain rehired teachers.

This bill allows retired teachers who left the Teachers' Pension and Annuity Fund (TPAF) to return to teaching for up to two school years without needing to rejoin TPAF. It requires school boards to prove they searched for other qualified candidates and hired the retired teacher as the only available option, with salaries capped at 40-70% of the median teacher pay. Retired teachers rehired under this law also receive gross income tax relief: 50% of their rehired salary is deductible, and the remaining amount is taxed at a flat 1.4% rate (regardless of filing status). The bill specifically applies to teachers who retired "bona fide" and did not prearrange their return before retirement.