Providing for the preceptor income tax incentive act, establishing an income tax credit for nursing home administrators, registered nurses and registered dietitians that serve as a community-based faculty preceptor in adult care homes and medical care facilities by providing personalized instruction, training and supervision for students.
This tax credit initiative is designed to alleviate the financial burden associated with mentoring and training new professionals in the healthcare field. By providing a structured incentive, the bill aims to foster a culture of mentorship within the sector, which could improve the quality of care in nursing homes and other healthcare facilities. The tax credit allows preceptors to claim $250 for every 40 hours of qualified preceptorship, with the potential for substantial credits depending on the volume of training provided, thereby aligning financial interests with educational outcomes. This move could attract more experienced professionals to engage in teaching roles, mitigating staffing shortages in these critical positions.
House Bill 2163 introduces the Preceptor Income Tax Incentive Act, which establishes a tax credit aimed at encouraging nursing home administrators, registered nurses, and registered dietitians to serve as community-based faculty preceptors. These preceptors provide personalized instruction, training, and supervision for students at postsecondary institutions, particularly in adult care homes and medical care facilities. The bill acknowledges the ongoing challenges in overcoming barriers to professional mentorship necessary for careers in aging services and healthcare, thus promoting the development of the future workforce in these critical areas.
However, the proposal may face scrutiny regarding its implementation and the criteria for eligibility. Critics might raise questions about ensuring that the incentives effectively reach qualified preceptors without leading to abuses in the system, such as preceptors claiming credits for inadequate or unverified preceptorship hours. As the bill rolls out, meticulous oversight will be necessary to maintain integrity within the program. Additionally, there may be concerns regarding the availability and readiness of resources for educational institutions to manage and verify preceptorships and the associated claims effectively.