HB303 - Healthcare Preceptor Tax Credit Expansion

• Expands the healthcare preceptor income tax credit to include physician assistants, dietitians, and social workers in addition to physicians, advanced practice registered nurses, and pharmacists.

• Removes the "primary care" requirement for preceptors, allowing specialists to qualify for the tax credit when their specialty supports eligible student training.

• Extends tax credit eligibility to accredited residency and fellowship programs, not just undergraduate academic programs.

• Clarifies the definition of "volunteer-based supervised clinical training rotation" to allow preceptors to be compensated for standard clinical services while remaining uncompensated for additional training and instruction above standard clinical work.

• Restructures the Preceptor Credit Assurance Committee to include the Director of Health and representatives from residency programs with eligible students.