Montana HB163 proposes a tax credit for preceptors in health care training programs.

Montana HB163 would allow a tax credit for preceptors who do not receive compensation for assisting eligible students in health care training programs. The credit is $1,000 per clinical rotation, up to a maximum of $5,000 per tax year. A clinical rotation is defined as a minimum of 100 hours of direct supervised clinical training. The credit cannot exceed the taxpayer's tax liability and cannot be carried forward or carried back. The Department of Revenue may adopt rules to verify clinical rotation hours and implement the credit.

Montana HB163 proposes a tax credit for preceptors in health care training programs.

Montana HB163 would allow a tax credit for preceptors who do not receive compensation for assisting eligible students in health care training programs. The credit is $1,000 per clinical rotation, up to a maximum of $5,000 per tax year. A clinical rotation is defined as a minimum of 100 hours of direct supervised clinical training. The credit cannot exceed the taxpayer's tax liability and cannot be carried forward or carried back. The Department of Revenue may adopt rules to verify clinical rotation hours and implement the credit.