MD SB466

Removes the requirement that medical students in preceptorship programs be enrolled in Maryland-based medical schools, expanding eligibility to students at any Liaison Committee on Medical Education-accredited medical school

Reduces the minimum hours required per preceptor rotation from 100 hours to 90 hours of community-based clinical training

Licensed physicians serving as unpaid preceptors in health care workforce shortage areas can claim a $1,000 tax credit per student rotation, up to $10,000 per year

Caps the aggregate amount of unused tax credits that can be carried forward from prior years at $100,000, while maintaining the $100,000 annual limit on total certificates issued

Takes effect July 1, 2026, applying to taxable years beginning after December 31, 2025