HI SB2298

Creates a healthcare preceptor tax credit of $1,000 per volunteer-based supervised clinical training rotation, with a maximum of $5,000 per taxable year for physicians, osteopathic physicians, advanced practice registered nurses, and pharmacists who serve as uncompensated preceptors.

Establishes the preceptor credit assurance committee within the department of health to certify eligible preceptors and verify that training rotations meet requirements including at least 80 hours of annual supervisory time and enrollment of students in Hawaii-based academic programs.

Caps annual certified credits at $1,500,000 in the aggregate, with the committee certifying credits in the order submitted and discontinuing certifications once the cap is reached.

Allows excess credits to be carried forward to subsequent tax years if they exceed the taxpayer's current income tax liability, with all claims due within 12 months of the taxable year end.

Applies to taxable years beginning after December 31, 2018, and requires the department of health to evaluate the program's efficacy and report to the legislature by June 30, 2024, on whether the credit should be retained, amended, or repealed.