CT HB05464

Establishes a tax credit for licensed health care providers (preceptors) who supervise nursing students from Connecticut institutions of higher education, effective January 1, 2022.

Credits equal $1,000 for every 100 preceptorship hours provided at no cost to students or institutions, with a maximum of $4,000 per preceptor per year.

Total credits statewide cannot exceed $1.5 million in any fiscal year; credits can only be used for the tax year in which hours were provided and cannot be combined with other credits for the same hours.

Preceptors must apply to the Commissioner of Public Health with documentation of hours completed and an agreement with an institution of higher education, with the commissioner issuing a decision within 30 days.

Only one preceptor may claim credit for the same 100 preceptorship hours, and preceptors must provide preceptorships to nursing students enrolled in bachelor's, master's, or doctorate degree programs.