Teaching Excellence in America's Classrooms and Homerooms Act (TEACH)

Teaching Excellence in America's Classrooms and Homerooms Act (TEACH) - Amends the Elementary and Secondary Education Act of 1965 to direct the Secretary of Education to provide financial assistance to the National Board for Professional Teaching Standards (NB) for: (1) helping States and local school districts provide fee support to teachers seeking NB certification; and (2) outreach and educational activities directly related to teachers' awareness and pursuit of such certification, with priority for districts in which there are a significant number of low-performing schools, or with low teacher participation rates in the NB certification process, or serving special populations.

Amends the Internal Revenue Code to: (1) exclude from gross income any financial benefit, including incentive payment, received solely by reason of the successful completion by an eligible teacher of the requirements for NB advanced certification; and (2) make a two-percent floor on miscellaneous itemized deductions inapplicable to qualified NB advanced certification expenses of elementary and secondary school teachers.