The bill makes the following modifications to the existing income
tax credit for health care preceptors working in health care professional shortage areas:
•
Clarifies the definition of preceptorship to specify that the period of time for which the period of personalized instruction, training, and supervision must be provided to be eligible to claim the tax credit is not less than 4 working weeks or 20 business days per calendar year; and
•
Extends the existing sunset date under which the tax credit would expire to tax years commencing prior to January 1, 2025.
