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Rural Health Preceptor Tax Fairness Act

12/19/2024, 9:06 AM

Summary of Bill HR 8738

Bill 118 hr 8738, also known as the "Health Professional Clinical Supervision Tax Credit Act," aims to amend the Internal Revenue Code of 1986 to offer a tax credit to health professionals who provide clinical supervision to students in rural health professional shortage areas. The bill is designed to incentivize experienced health professionals to mentor and supervise students in these underserved areas, ultimately improving access to healthcare services for residents in rural communities.

Under this proposed legislation, eligible health professionals who provide clinical supervision to students in rural health professional shortage areas would be able to claim a tax credit against their income tax liability. This credit would serve as a financial incentive for experienced professionals to dedicate their time and expertise to training the next generation of healthcare providers in areas where there is a shortage of medical professionals.

By encouraging clinical supervision in rural health professional shortage areas, the bill aims to address the disparities in healthcare access and quality that exist in these underserved communities. This legislation recognizes the importance of mentorship and training in developing a strong healthcare workforce that can meet the needs of rural populations. Overall, the Health Professional Clinical Supervision Tax Credit Act seeks to support the recruitment and retention of healthcare professionals in rural areas by providing a financial incentive for experienced professionals to provide clinical supervision to students. This bill represents a proactive approach to addressing healthcare disparities in rural communities and promoting the development of a robust healthcare workforce across the United States.

Congressional Summary of HR 8738

Rural Health Preceptor Tax Fairness Act

This bill provides a nonrefundable tax credit of $1,000 to licensed health professionals who provide clinical supervision to qualified students in a rural health professional shortage area or rural area.

Current Status of Bill HR 8738

Bill HR 8738 is currently in the status of Bill Introduced since June 13, 2024. Bill HR 8738 was introduced during Congress 118 and was introduced to the House on June 13, 2024.  Bill HR 8738's most recent activity was Referred to the Subcommittee on Health. as of December 17, 2024

Bipartisan Support of Bill HR 8738

Total Number of Sponsors
2
Democrat Sponsors
2
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8738

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 8738

To amend the Internal Revenue Code of 1986 to provide a credit against tax for certain health professionals providing clinical supervision to students in rural health professional shortage areas.
To amend the Internal Revenue Code of 1986 to provide a credit against tax for certain health professionals providing clinical supervision to students in rural health professional shortage areas.

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