HB 90 New Mexico House · 2026 Regular Session

HEALTH CARE PRECEPTOR INCOME TAX CREDIT

HB 90 creates a $1,000 annual income tax credit for licensed health care professionals in New Mexico who provide unpaid clinical training (preceptorships) to graduate students seeking eligible health care degrees. It directly affects licensed doctors, nurses, dentists, pharmacists, and other health professionals who mentor students at New Mexico colleges or universities. To qualify, preceptors must complete at least 120 hours of training under an accredited institution, with the credit requiring institution certification and applying only to the year of service. Unused portions of the credit can be carried forward to future tax years. The credit applies to taxable years beginning January 1, 2026, and targets health care education support rather than broader policy changes.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2026

Committee Review

Floor Vote

Governor

Introduced Jan 16, 2026 Last action Mar 24, 2026

Maddy AI version diff · 1 comparison

What changed between versions

introduced version → HC substitute · 5 edits

MODERATE

The bill was amended from an introduced version to a House Committee substitute version, primarily changing the scope of eligible individuals who can claim the health care preceptor income tax credit. The original version focused only on graduate students, while the substitute version now includes both graduate students and medical residents, significantly broadening eligibility for the tax credit.

Scope change

The bill's scope expanded from exclusively covering graduate students to also include medical residents undergoing supervised post-graduate training, allowing more healthcare professionals to benefit from the tax credit.

ELIGIBILITY

Added 'eligible medical resident' as a new category of individuals who can claim the tax credit, in addition to the existing 'eligible graduate student' category.

DEFINITION

Added a new definition for 'eligible medical resident' to clarify that it includes licensed physicians with doctoral degrees undergoing supervised post-graduate training in healthcare fields.

Updated the definition of 'eligible professional degree' to include occupational therapy and physical therapy, expanding the range of healthcare professions covered.

Modified the definition of 'preceptorship' to now include two distinct categories: training for eligible graduate students and practical hands-on experience for eligible medical residents.

Removed the definition of 'eligible graduate student' from the preceptorship definition, as it was separated into its own category alongside medical residents.

Floor votes

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No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jan 27, 2026

Lower · Passed

DO NOT PASS, replaced with committee substitute

lower

Jan 22, 2026

Introduced

Sent to House Health & Human Services Committee & House Taxation & Revenue Committee

lower

Jan 16, 2026

Introduced

Sent to House Pre-file

lower

3 primary · 0 co-sponsors