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MI HB4731
Bill
Status
6/13/2023
Primary Sponsor
John Roth
Click for details
AI Summary
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Establishes a tax credit of $1,000 for every 250 hours served as a preceptor for advanced practice nursing clinical rotations, capped at $5,000 per tax year for tax years beginning January 1, 2023 through December 31, 2027
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Requires taxpayers to submit a certified written statement confirming they received no payment from any source for serving as a preceptor, along with supporting documentation verifying hours of participation
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Credits exceeding a taxpayer's annual tax liability are refunded to the taxpayer
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Applies only to preceptors working at approved health care sites located in Michigan with students in accredited advanced practice nursing programs at institutions of higher education
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Defines covered roles as advanced practice registered nurses and registered professional nurses holding specialty certification as nurse anesthetists who provide supervision and instruction without compensation
Legislative Description
Individual income tax: credit; credit for certain advanced practice registered nurses who serve as a preceptor; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 281.
Individual income tax: credit
Last Action
Bill Electronically Reproduced 06/13/2023
6/14/2023