Bill > HB1400

This bill creates a new tax credit program for qualified healthcare professionals (called "preceptors") who provide unpaid clinical training to students pursuing medical degrees in Indiana. The bill defines a preceptor as a licensed clinician (such as a physician, nurse, pharmacist, physician assistant, or psychologist) who provides at least 140 hours of personalized instruction or training to a student during a taxable year without additional compensation beyond their regular salary. To be eligible, the training must be related to clinical rotations required for a professional degree at an accredited Indiana institution. The tax credit allows qualified taxpayers to receive up to $1,000 for each clinical rotation they supervise, with a maximum annual credit of $12,000. To claim the credit, taxpayers must submit documentation to the Indiana Department of Revenue verifying their training activities. If the department discovers within five years that a taxpayer did not actually provide the required training or was compensated for the training, the taxpayer will be assessed the full amount of the credit received. The tax credit will be available for taxable years beginning after December 31, 2025, and is designed to incentivize healthcare professionals to support medical education by providing hands-on training to students.

Budget and Finance

https://iga.in.gov/legislative/2025/bills/house/1400/details