OK
Oklahoma House Bill HB3351

Oklahoma 2024 Regular Session

Oklahoma House Bill HB3351

Introduced
2/5/24  
Refer
2/6/24  
Refer
2/12/24  
Refer
2/13/24  
Report Pass
2/26/24  
Engrossed
3/5/24  
Refer
3/19/24  
Refer
3/26/24  
Report Pass
4/1/24  
Enrolled
5/14/24  

Caption

Medical preceptorship training; providing income tax credit; revolving fund; license fee; emergency.

Impact

The implementation of HB3351 is expected to positively impact the dynamics of healthcare training in Oklahoma by creating financial support for those who train future healthcare professionals. This bill allows for the creation of multiple revolving funds designated for tax credits awarded to preceptors. The funding for these tax credits will come from a portion of licensure fees, ensuring that qualified instructors are financially incentivized to take on students while contributing to the overall growth of the healthcare workforce.

Summary

House Bill 3351 establishes a framework for providing income tax credits for individuals conducting preceptorship rotations in Oklahoma. This legislation aims to incentivize medical professionals, including allopathic and osteopathic faculty preceptors, to participate in training programs for students in medical schools, physician assistant programs, and advanced practice nursing programs. The proposed tax credits are tiered based on the number of rotations completed and are intended to make the profession more appealing during a critical time for healthcare training in the state.

Sentiment

Discussion around HB3351 has been largely positive, with stakeholders highlighting the importance of strengthening the healthcare workforce. Proponents believe that incentivizing training through tax credits will not only benefit the students but also enhance patient care across Oklahoma by increasing the availability of healthcare providers. However, some concerns regarding the sustainability of funding through revolving funds may have been expressed, although these concerns did not overshadow the general support for the initiative.

Contention

One notable point of contention appears to be related to the specific implementation of the tax credits and how effectively the funds will be distributed among various preceptors. Some legislators may question the efficiency of establishing multiple revolving funds or the extent to which these incentives will sufficiently encourage participation in preceptorships. Further discussions may revolve around ensuring that tax credits are utilized to inspire and maintain the interest of skilled professionals in training the next generation of healthcare workers.

Companion Bills

No companion bills found.

Previously Filed As

OK HB2863

Veterinary medicine; Oklahoma State University Veterinary Medicine Authority (OSUVMA); creation; revolving funds; bonds; effective date; emergency.

OK HB1777

Court funds; court clerk's revolving fund; deleting fee amount; eliminating reference to District Court Revolving Fund; effective date; emergency.

OK SB758

Medical marijuana; deleting certain apportionments; creating revolving funds; requiring legislative apportionment. Effective date. Emergency.

OK SB18

Medical marijuana; modifying the Oklahoma Medical Marijuana Authority Revolving Fund: limiting funding source; creating the Medical Marijuana Tax Fund. Effective date. Emergency.

OK HB1935

Students; creating the Oklahoma Parental Choice Tax Credit Act; creating income tax credit for certain taxpayers; emergency.

OK HB2797

Medical marijuana; Oklahoma Medical Marijuana Authority; revolving fund; sales tax; apportionment; effective date; emergency.

OK HB2247

Revenue and taxation; creating the County Road and Bridge Funding Incentive Act of 2023; income tax credit; county population; training; effective date.

OK SB613

Health care; prohibiting gender transition procedures for children; authorizing certain civil actions and relief; licensure; adding violations and penalties. Emergency.

OK SB382

Feminine hygiene products; adding definitions; creating the Feminine Hygiene Program; creating the Feminine Hygiene Program Revolving Fund; stating purpose of program. Effective date.

OK SB875

Higher education; allowing certain institutions of higher education to require employees to complete certain training; providing for optional training. Effective date. Emergency.

Similar Bills

OK SB1504

Income tax; income tax credit for preceptorship rotation; creating and specifying sources of funds; providing for transfer of monies to Oklahoma Tax Commission; authorizing administrative expenditures. Effective date. Emergency.

OK SB1446

Income tax credit; authorizing credit for individuals who conduct a preceptorship rotation. Effective date.

AL HB133

Relating to state income tax; to establish the Preceptor Tax Incentive Program to provide income tax credit incentives for certain medical students who train in rural and underserved counties in the state.

OK HB2776

Health care workforce development; creating the Health Care Workforce Development and Finance Act of 2022; creating the Health Care Workforce Development Revolving Fund; renaming certain agency of the state.

AZ HB2691

Health care workforce; grant programs