H.R.1060: To amend the Internal Revenue Code of 1986 to provide a tax credit for professional school personnel in pre-kindergarten, kindergarten, and grades 1 through 12.

Professional Educators Tax Relief Act of 2007 - Amends the Internal Revenue Code to allow employees of prekindergarten, elementary, and secondary schools a tax credit of up to $3,000 (adjusted annually for inflation after 2007). Requires such employees to hold positions involving: (1) regular contact with students; and (2) the formulation or implementation of the educational program for the school.