HI HB2170

Establishes a pilot project within the Department of Business, Economic Development, and Tourism to provide tax and other benefits to physicians and dentists who practice in federally-designated "medically underserved areas" or "health professional shortage areas" for at least seven consecutive years.

Designates areas within the State as "medical practice shortage zones" for seven-year periods and requires the director to publish an annual list of eligible zones on the department's website.

Provides qualified medical practices with income tax credits ranging from 80% in the first year down to 20% in the seventh year, plus unemployment tax credits on the same declining schedule for employees at shortage zone locations.

Exempts qualified medical practices from general excise taxes and use taxes on purchases and construction services related to medical or dental establishments within shortage zones for up to seven years.

Prohibits any new agreements after June 30, 2021 and repeals all benefits under the act on June 30, 2028.