A bill for an act creating an advanced registered nurse practitioner preceptor tax credit available against the individual income tax, and including applicability provisions.

HF 111 creates a tax credit for advanced registered nurse practitioners (ARNPs) who serve as unpaid clinical preceptors for nursing students. Eligible preceptors receive a $500 credit per qualifying clinical mentoring session (with at least 100 hours of supervised learning), capped at $2,000 annually for individual income tax. To qualify, preceptors must provide uncompensated instruction at their workplace, be selected by nursing programs, and have at least one year of preceptor experience. The credit applies to tax years starting January 1, 2026, and any unused portion isn’t refundable or carryable to other years.