PRECEPT Nurses Act

Financial Benefit for Nurses: Eligible nurse preceptors can receive a $2,000 tax credit against the tax imposed by the Internal Revenue Code (Sec. 25F(a)).

Support for Nursing Education and Training: The bill provides for specialized supervision and personalized experiential learning, training, instruction, and mentoring for nursing students and newly hired nurses (Sec. 25F(b)(2)).

Focus on High-Need Areas: The credit specifically targets individuals serving in communities designated as health professional shortage areas (Sec. 25F(b)(1)).

Strict Hour Requirements: To be considered an eligible nurse preceptor, an individual must serve no less than 200 hours during the taxable year (Sec. 25F(b)(1) and Sec. 25F(b)(5)).

Mandatory Certification Burden: No credit is allowed unless the preceptor receives a certification from a relevant academic institution or a clinical site verifying their hours (Sec. 25F(c)(1) and Sec. 25F(c)(2)).

Time-Limited Incentive: The credit provisions are set to terminate for any taxable year beginning after December 31, 2032 (Sec. 25F(d)).