HI SB976

Amends the definition of "preceptor" to allow healthcare providers in specialties that support primary care (not just primary care providers themselves) to qualify for the healthcare preceptor income tax credit.

Modifies "volunteer-based supervised clinical training rotation" to clarify that preceptors may be compensated for standard clinical services as long as they are uncompensated for the training services themselves or uncompensated from state general or tuition funds.

Adds the director of health as a member of the Preceptor Credit Assurance Committee to improve oversight and implementation of the tax credit program.

Requires preceptors to document itemized specialties that support development and training of eligible students in primary care as part of the certification process.

Effective July 1, 2050, with provisions applying to taxable years beginning after December 31, 2020.