To amend the Internal Revenue Code of 1986 to create a tax credit for nurse preceptors.

Bill 118 hr 10373, also known as the Nurse Preceptor Tax Credit Act, aims to amend the Internal Revenue Code of 1986 to provide a tax credit for nurse preceptors. Nurse preceptors are experienced nurses who provide guidance and mentorship to nursing students and new nurses as they gain practical experience in a clinical setting.

The bill proposes to create a tax credit for nurse preceptors who volunteer their time to mentor and train nursing students and new nurses. This tax credit would serve as an incentive for experienced nurses to take on the role of preceptor, helping to address the shortage of qualified preceptors in the healthcare industry.

The tax credit would be available to nurse preceptors who meet certain criteria, such as completing a preceptor training program and providing a specified number of hours of preceptorship to nursing students or new nurses. The amount of the tax credit would be based on the number of hours of preceptorship provided by the nurse preceptor. Overall, the Nurse Preceptor Tax Credit Act aims to support the development of the nursing workforce by incentivizing experienced nurses to take on the important role of preceptorship. This bill has the potential to improve the quality of nursing education and training, ultimately benefiting patients and the healthcare system as a whole.