To amend the Internal Revenue Code of 1986 to create a tax credit for nurse preceptors.
About This Bill
Committee
Latest Action · December 11, 2024
Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
The PRECEPT Nurses Act creates a $2,000 annual tax credit for registered nurses and other health care providers who work as preceptors, meaning they supervise and mentor nursing students or newly hired nurses for at least 200 hours per year in designated health professional shortage areas. The credit applies to nurses working with nursing students, advanced practice nursing students, or newly hired nurses within their first six months of employment, and requires certification from either the academic institution or clinical workplace to claim the credit. The program runs from 2024 through 2030, after which the tax credit expires, and participating nurses must provide documentation showing they met the minimum 200-hour preceptorship requirement. The federal government will fund the tax credits by redirecting unused COVID-19 relief funding that has expired, ensuring the program does not require new appropriations. Congress will receive annual reports on the number of participating preceptors, hours served, geographic distribution, and a final evaluation by June 2031 assessing whether the credit successfully increased the number of nurse preceptors across the country.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.