S131-119

2. Credit for nurse preceptors Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 25E the following new section: In the case of any eligible nurse preceptor, there shall be allowed as a credit against the tax imposed by this chapter for any taxable year an amount equal to $2,000. For purposes of this section, with respect to any taxable year— The term eligible nurse preceptor means an individual who serves not less than 200 hours during the taxable year as a nurse preceptor in a community which is designated as a health professional shortage area under section 332 of the Public Health Service Act. The Secretary shall publish on an annual basis on the website of the Internal Revenue Service a list of the areas which are so designated. The term nurse preceptor means a licensed registered nurse or health care provider (as defined in section 3000(3) of the Public Health Service Act (42 U.S.C. 300jj(3))) who provides supervision and personalized experiential learning, training, instruction, and mentoring opportunities in the clinical practice of nursing (as defined by the applicable State Board of Nursing, applicable state agency, or written agreement between the relevant academic institution and clinical site) to a student of nursing, student of advanced practice registered nursing, or newly hired licensed nurse. The term relevant academic institution means a school of nursing (as defined in section 801(2) of the Public Health Service Act (42 U.S.C. 296(2))) in which a student of nursing or student of advanced practice registered nursing is enrolled. The term newly hired means within the first 6 months of employment. The term minimum required hours of preceptorship means 200 hours of serving as a nurse preceptor. No credit shall be allowed under subsection (a) unless the eligible nurse preceptor has received a certification indicating that the eligible nurse preceptor has completed the minimum required hours of preceptorship for the taxable year. A certification under paragraph (1) shall include— a certification from the relevant partnering academic institution stating the number of hours the preceptor served as a nurse preceptor to a student of nursing or student of advanced practice registered nursing during the taxable year, or a certification from the clinical site at which the preceptor is employed stating the number of hours the preceptor served as a nurse preceptor to a newly hired nurse during the taxable year. A nurse preceptor may receive multiple certifications from multiple entities under paragraph (2) to establish the completion of the minimum required hours of preceptorship. This section shall not apply to any taxable year beginning after December 31, 2032. The table of sections for subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after the item relating to section 25E the following new item: The amendments made by this section shall apply to taxable years beginning after December 31, 2025. Beginning with taxable year 2026 and ending with taxable year 2032, the Secretary of the Treasury (or such Secretary's delegate) shall report to the relevant committees of Congress for each taxable year on the credit under section 25F of the Internal Revenue Code of 1986, as added by this section. Such report shall include— the number of taxpayers claiming such credit for the taxable year, and the total hours served and other aggregated and averaged data on the preceptorships served by taxpayers as an eligible nurse preceptor (as defined in section 25F(b) of such Code, as so added), the geographic distribution of taxpayers claiming such credit for the taxable year, and such other information as determined relevant by the Secretary (or the Secretary's delegate). Not later than June 30, 2033, the Secretary of the Treasury (or the Secretary's delegate), in consultation with the Administrator of the Health Resources and Services Administration, shall provide to the relevant committees of Congress an evaluation of the effectiveness of the credit under section 25F of the Internal Revenue Code of 1986, as added by this section, in increasing the number of nurse preceptors in the United States. For purposes of this subsection, the term relevant committees of Congress means— the Committee on Finance of the Senate, the Committee on Ways and Means of the House of Representatives, the Committee on Health, Education, Labor, and Pensions of the Senate, the Committee on Education and Workforce of the House of Representatives, and the Committee on Energy and Commerce of the House of Representatives. 25F.Credit for nurse preceptors(a)In generalIn the case of any eligible nurse preceptor, there shall be allowed as a credit against the tax imposed by this chapter for any taxable year an amount equal to $2,000.(b)DefinitionsFor purposes of this section, with respect to any taxable year—(1)Eligible nurse preceptorThe term eligible nurse preceptor means an individual who serves not less than 200 hours during the taxable year as a nurse preceptor in a community which is designated as a health professional shortage area under section 332 of the Public Health Service Act. The Secretary shall publish on an annual basis on the website of the Internal Revenue Service a list of the areas which are so designated.(2)Nurse preceptorThe term nurse preceptor means a licensed registered nurse or health care provider (as defined in section 3000(3) of the Public Health Service Act (42 U.S.C. 300jj(3))) who provides supervision and personalized experiential learning, training, instruction, and mentoring opportunities in the clinical practice of nursing (as defined by the applicable State Board of Nursing, applicable state agency, or written agreement between the relevant academic institution and clinical site) to a student of nursing, student of advanced practice registered nursing, or newly hired licensed nurse.(3)Relevant academic institutionThe term relevant academic institution means a school of nursing (as defined in section 801(2) of the Public Health Service Act (42 U.S.C. 296(2))) in which a student of nursing or student of advanced practice registered nursing is enrolled.(4)Newly hiredThe term newly hired means within the first 6 months of employment. (5)Minimum required hours of preceptorshipThe term minimum required hours of preceptorship means 200 hours of serving as a nurse preceptor. (c)Reporting requirement(1)In generalNo credit shall be allowed under subsection (a) unless the eligible nurse preceptor has received a certification indicating that the eligible nurse preceptor has completed the minimum required hours of preceptorship for the taxable year.(2)Contents of certificationA certification under paragraph (1) shall include—(A)a certification from the relevant partnering academic institution stating the number of hours the preceptor served as a nurse preceptor to a student of nursing or student of advanced practice registered nursing during the taxable year, or(B)a certification from the clinical site at which the preceptor is employed stating the number of hours the preceptor served as a nurse preceptor to a newly hired nurse during the taxable year.(3)Multiple certificationsA nurse preceptor may receive multiple certifications from multiple entities under paragraph (2) to establish the completion of the minimum required hours of preceptorship. (d)TerminationThis section shall not apply to any taxable year beginning after December 31, 2032.. Sec. 25F. Credit for nurse preceptors..

25F. Credit for nurse preceptors In the case of any eligible nurse preceptor, there shall be allowed as a credit against the tax imposed by this chapter for any taxable year an amount equal to $2,000. For purposes of this section, with respect to any taxable year— The term eligible nurse preceptor means an individual who serves not less than 200 hours during the taxable year as a nurse preceptor in a community which is designated as a health professional shortage area under section 332 of the Public Health Service Act. The Secretary shall publish on an annual basis on the website of the Internal Revenue Service a list of the areas which are so designated. The term nurse preceptor means a licensed registered nurse or health care provider (as defined in section 3000(3) of the Public Health Service Act (42 U.S.C. 300jj(3))) who provides supervision and personalized experiential learning, training, instruction, and mentoring opportunities in the clinical practice of nursing (as defined by the applicable State Board of Nursing, applicable state agency, or written agreement between the relevant academic institution and clinical site) to a student of nursing, student of advanced practice registered nursing, or newly hired licensed nurse. The term relevant academic institution means a school of nursing (as defined in section 801(2) of the Public Health Service Act (42 U.S.C. 296(2))) in which a student of nursing or student of advanced practice registered nursing is enrolled. The term newly hired means within the first 6 months of employment. The term minimum required hours of preceptorship means 200 hours of serving as a nurse preceptor. No credit shall be allowed under subsection (a) unless the eligible nurse preceptor has received a certification indicating that the eligible nurse preceptor has completed the minimum required hours of preceptorship for the taxable year. A certification under paragraph (1) shall include— a certification from the relevant partnering academic institution stating the number of hours the preceptor served as a nurse preceptor to a student of nursing or student of advanced practice registered nursing during the taxable year, or a certification from the clinical site at which the preceptor is employed stating the number of hours the preceptor served as a nurse preceptor to a newly hired nurse during the taxable year. A nurse preceptor may receive multiple certifications from multiple entities under paragraph (2) to establish the completion of the minimum required hours of preceptorship. This section shall not apply to any taxable year beginning after December 31, 2032.