HI HB303

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

Removes the "primary care" specialty requirement, allowing healthcare professionals in any specialty to qualify for the tax credit if they supervise eligible students

Extends tax credit eligibility to preceptors supervising students in accredited residency and fellowship programs, not just academic degree programs

Clarifies that preceptors must provide at least 80 hours of uncompensated supervisory time annually to qualify, while still allowing them to receive standard clinical compensation

Adds the Director of Health and representatives of residency programs to the Preceptor Credit Assurance Committee, which certifies tax credits for eligible preceptors

Applies to taxable years beginning after December 31, 2025, with an effective date of December 31, 2050