Iowa SF391 creates a tax credit for advanced registered nurse practitioners who mentor students in clinical settings.

Iowa SF391 introduces an advanced registered nurse practitioner preceptor tax credit. This credit is available against the individual income tax for preceptors who provide uncompensated instruction and supervision during a clinical preceptorship. To qualify, preceptors must be employed at the clinical facility, selected by the nursing program, and have at least one year of experience. The credit is $1,000 per clinical preceptorship, up to $2,000 in total, and is refundable. The Department of Revenue must report on the tax credit's activities annually.

Iowa SF391 creates a tax credit for advanced registered nurse practitioners who mentor students in clinical settings.

Iowa SF391 introduces an advanced registered nurse practitioner preceptor tax credit. This credit is available against the individual income tax for preceptors who provide uncompensated instruction and supervision during a clinical preceptorship. To qualify, preceptors must be employed at the clinical facility, selected by the nursing program, and have at least one year of experience. The credit is $1,000 per clinical preceptorship, up to $2,000 in total, and is refundable. The Department of Revenue must report on the tax credit's activities annually.