Establishes a personal income tax credit for health care professionals providing preceptor instruction to students.

The bill establishes a personal income tax credit for health care professionals who provide preceptor instruction to students studying to become a physician, physician assistant, specialist assistant, certified registered nurse anesthetist, registered professional nurse, nurse practitioner, clinical nurse specialist, or midwife. The credit is limited to one thousand dollars for each one hundred hours of instruction, with a maximum of three thousand dollars per taxable year. The credit can be carried over to subsequent years if unused.

Establishes a personal income tax credit for health care professionals providing preceptor instruction to students.

The bill establishes a personal income tax credit for health care professionals who provide preceptor instruction to students studying to become a physician, physician assistant, specialist assistant, certified registered nurse anesthetist, registered professional nurse, nurse practitioner, clinical nurse specialist, or midwife. The credit is limited to one thousand dollars for each one hundred hours of instruction, with a maximum of three thousand dollars per taxable year. The credit can be carried over to subsequent years if unused.