Educators Expense Deduction Modernization Act of 2023

This bill increases the annual tax deduction for out-of-pocket classroom supply expenses from $250 to $1,000 for eligible educators, including K-12 teachers in public and private schools. It updates the Internal Revenue Code to replace the term "elementary and secondary school teachers" with "eligible educators" and adjusts related references to years and amounts. The change applies to taxable years beginning after December 31, 2022, meaning educators can claim the higher deduction starting with 2023 tax filings. The bill directly affects teachers and school staff who typically cover classroom costs personally.