HB 1400

Bill Subjects

Agencies; Professional Licensing Agency (Pla) Health Care Facilities; Pharmacies Health Care Professionals; Physician Assistants Homeland Security; Fire And Public Safety Training And Certification Taxes; Credits

Abstract

Provides a credit against the state tax liability of a qualified clinician (preceptor) in medical education who provides to a student in a particular taxable year, in return for no compensation as a preceptor, at least 140 hours of personalized instruction or training related to the student's clinical rotations required to obtain a professional degree. Provides that the amount of the credit allowable is equal to the lesser of: (1) $1,000 for each clinical rotation for which the qualified taxpayer provided the required instruction or training during the taxable year; or (2) $12,000 per taxable year.