Iowa 2025-2026 Regular Session

Iowa Senate Bill SF391

Introduced
2/20/25  

Caption

A bill for an act creating an advanced registered nurse practitioner preceptor tax credit available against the individual income tax, and including applicability provisions.(Formerly SSB 1082.)

Impact

The tax credit is structured to provide $1,000 per clinical preceptorship for preceptors who provide at least 100 hours of instruction without compensation, allowing them to claim up to $2,000 in total credits. This financial incentive is designed to encourage more advanced registered nurses to take on precepting roles, which is significant for addressing the nursing shortage by ensuring that nursing students receive the practical experience necessary for their professional development. The bill stipulates that the credit is refundable, introducing an appealing tax measure for individuals involved in nursing education.

Summary

Senate File 391, also known as the Advanced Registered Nurse Practitioner Preceptor Tax Credit Bill, aims to introduce a tax credit for advanced registered nurse practitioners who mentor nursing students under specific conditions. The bill defines 'clinical preceptorship' as a mentoring experience for nursing students that necessitates the supervision of the preceptor in a clinical setting. This initiative seeks to incentivize and support the role of experienced nurses in educating future nurses, thereby enhancing the quality of nursing education in the state.

Contention

While the bill stands to benefit nursing education significantly, certain points of contention may arise regarding its implementation. Critics might question the sustainability of such tax incentives in the long run, particularly if the demand for nurse practitioners fluctuates. Additionally, there may be debates about the appropriateness of tax credits in sectors primarily governed by educational funding rather than private incentives. As the bill requires rigorous documentation to claim the credits, concerns regarding administrative burdens on both preceptors and the Department of Revenue might also surface.

Applicability

This tax credit will be applicable from the tax years starting January 1, 2026. The Department of Revenue is required to monitor the impact of the tax credit and submit reports on its activities, potentially providing valuable insights into the effectiveness and reach of the program.

Companion Bills

IA HF111

Similar To A bill for an act creating an advanced registered nurse practitioner preceptor tax credit available against the individual income tax, and including applicability provisions.

IA SSB1082

Related A bill for an act creating an advanced registered nurse practitioner preceptor tax credit available against the individual income tax, and including applicability provisions.(See SF 391.)

Previously Filed As

IA HF2017

A bill for an act creating an advanced registered nurse practitioner preceptor tax credit available against the individual income tax, and including applicability provisions.

IA HF157

A bill for an act creating a nurse preceptor tax credit available against the individual income tax, and including applicability provisions.

IA SF2257

A bill for an act creating a child tax credit available against the individual income tax, and including retroactive applicability provisions.

IA HSB63

A bill for an act creating the new resident and new graduate tax credits, available against the individual income tax, and including retroactive applicability provisions.

IA HF304

A bill for an act creating a used electric vehicle tax credit available against the individual and corporate income taxes, and including applicability provisions.

IA HF292

A bill for an act creating a private instruction organization tax credit available against the individual and corporate income taxes, and including effective date and retroactive applicability provisions.

IA SF459

A bill for an act increasing the earned income tax credit available against the Iowa individual income tax, and including retroactive applicability provisions.

IA HF2637

A bill for an act relating to the adoption tax credit available against the individual income tax, and including effective date and retroactive applicability provisions.(Formerly HF 2243.)

IA HF2471

A bill for an act creating an electric outdoor power equipment tax credit available against the individual and corporate income taxes, and including retroactive applicability provisions.

IA SF552

A bill for an act relating to individual and corporate income taxes, the insurance premium tax, and including the contingent repeal of the individual income tax, and including retroactive applicability and effective date provisions.(Formerly SSB 1126.)

Similar Bills

DE HB136

An Act To Amend Title 30 Of The Delaware Code Relating To Personal Income Tax.

CA AB2288

Nursing programs: state of emergency.

IA HF2017

A bill for an act creating an advanced registered nurse practitioner preceptor tax credit available against the individual income tax, and including applicability provisions.

IA HF111

A bill for an act creating an advanced registered nurse practitioner preceptor tax credit available against the individual income tax, and including applicability provisions.

IA SSB1082

A bill for an act creating an advanced registered nurse practitioner preceptor tax credit available against the individual income tax, and including applicability provisions.(See SF 391.)

IA HF327

A bill for an act creating an advanced registered nurse practitioner preceptor tax credit available against the individual income tax, and including applicability provisions.

CT HB05464

An Act Establishing A Tax Credit For Providers Of Clinical Nursing Experiences.

CT HB05014

An Act Establishing A Tax Credit For Providers Of Clinical Nursing Experiences.