NM HB90

Creates a state income tax credit of up to $1,000 per year for licensed health care professionals who provide at least 120 hours of uncompensated clinical training and supervision to graduate students at accredited New Mexico higher education institutions

Eligible preceptors include medical doctors, osteopathic physicians, advanced practice nurses, nurse-midwives, physician assistants, dentists, pharmacists, psychologists, and social workers

Graduate students being supervised must be pursuing degrees in medicine, osteopathy, advanced nursing, dental surgery, pharmacy, psychology, social work, or physician assistant programs

Unused credit amounts may be carried forward to succeeding tax years until exhausted; taxpayers limited to one credit per taxable year

Applies to taxable years beginning on or after January 1, 2026