Teacher Professional Development Institutes Act - Amends the the Higher Education Act of 1965 to establish a program for Teachers Institutes (TIs).
Requires a TI to: (1) be a partnership or joint venture between or among one or more institutions of higher education (IHEs) and one or more local educational agencies (LEAs) serving a significant low-income population; and (2) use collaborative seminars to enhance subject matter and participants' teaching resources.
Authorizes the Secretary of Education to: (1) award grants to TIs to establish and operate TIs; and (2) provide technical assistance to LEAs and IHEs to prepare to establish and to operate TIs.