Michigan HB6294 offers a tax credit for health professionals serving as preceptors in clinical rotations.

Michigan HB6294 amends the state's individual income tax law to allow a credit for health professionals who serve as preceptors for qualified clinical rotations at approved health care sites in the state. For tax years 2027 through 2031, eligible taxpayers can claim a credit of $1,000 for every 250 hours they serve as a preceptor, up to a maximum of $3,000 per tax year. To claim the credit, the taxpayer must submit a certified statement and supporting documentation verifying their hours of participation.

Michigan HB6294 offers a tax credit for health professionals serving as preceptors in clinical rotations.

Michigan HB6294 amends the state's individual income tax law to allow a credit for health professionals who serve as preceptors for qualified clinical rotations at approved health care sites in the state. For tax years 2027 through 2031, eligible taxpayers can claim a credit of $1,000 for every 250 hours they serve as a preceptor, up to a maximum of $3,000 per tax year. To claim the credit, the taxpayer must submit a certified statement and supporting documentation verifying their hours of participation.