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

This bill creates a $1,000 tax credit per clinical preceptorship for Iowa-licensed advanced registered nurse practitioners (ARNPs) who provide uncompensated clinical instruction and supervision to nursing students. To qualify, ARNPs must be employed at the clinical site, have at least one year of preceptor experience, and document student details including hours of supervision and expected graduation year. The credit is refundable and capped at $2,000 annually per preceptor. It applies to tax years beginning January 1, 2026, and requires the Department of Revenue to report annual credit usage to the legislature.