Bill > H7677

This bill, the Preceptors Tax Credit Act, would allow for a tax credit of $500 for any nurse practitioner or physician who provides on-site clinical education as a preceptor clinician to nurse practitioner graduate students enrolled in the graduate nursing programs at the University of Rhode Island or Rhode Island College. The purpose of the bill is to offer income tax incentives to increase the number of qualified preceptors and expand access to primary healthcare in Rhode Island. The bill defines key terms like "clinical preceptorship" and "preceptor clinician" and outlines the requirements for qualifying for the tax credit. The Division of Taxation is tasked with administering the program and issuing up to $50,000 in tax credits per calendar year.

Budget and Finance