I 

118TH CONGRESS 

2D SESSION H. R. 10373 

To amend the Internal Revenue Code of 1986 to create a tax credit for 

nurse preceptors. 

IN THE HOUSE OF REPRESENTATIVES 

DECEMBER 11, 2024 

Ms. TENNEY (for herself and Mr. COSTA) introduced the following bill; which 

was referred to the Committee on Ways and Means, and in addition to 

the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions 

as fall within the jurisdiction of the committee concerned 

A BILL 

To amend the Internal Revenue Code of 1986 to create 

a tax credit for nurse preceptors. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Providing Real-World 

5 Education and Clinical Experience by Precepting Tomor6 row’s Nurses Act’’ or the ‘‘PRECEPT Nurses Act’’. 

7 SEC. 2. CREDIT FOR NURSE PRECEPTORS. 

8 (a) IN GENERAL.—Subpart A of part IV of sub9 chapter A of chapter 1 of the Internal Revenue Code of 


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1 1986 is amended by inserting after section 25E the fol2 lowing new section: 

3 ‘‘SEC. 25F. CREDIT FOR NURSE PRECEPTORS. 

4 ‘‘(a) IN GENERAL.—In the case of any eligible nurse 

5 preceptor, there shall be allowed as a credit against the 

6 tax imposed by this chapter for any taxable year an 

7 amount equal to $2,000. 

8 ‘‘(b) DEFINITIONS.—For purposes of this section— 

9 ‘‘(1) ELIGIBLE NURSE PRECEPTOR.—The term 

10 ‘eligible nurse preceptor’ means, with respect to any 

11 taxable year, an individual who serves not less than 

12 200 hours during the taxable year as a nurse pre13 ceptor in a community which is designated as a 

14 health professional shortage area under section 332 

15 of the Public Health Service Act. The Secretary 

16 shall publish on an annual basis on the website of 

17 the Internal Revenue Service a list of the areas 

18 which are so designated. 

19 ‘‘(2) NURSE PRECEPTOR.—The term ‘nurse 

20 preceptor’ means a licensed registered nurse or 

21 health care provider (as defined in section 3000(3) 

22 of the Public Health Service Act (42 U.S.C. 

23 300jj(3))) who provides supervision and personalized 

24 experiential learning, training, instruction, and men25 toring opportunities in the clinical practice of nursVerDate Sep 11 2014 17:56 Jan 13, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H10373.IH H10373

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1 ing (as defined by the applicable State Board of 

2 Nursing, applicable state agency, or written agree3 ment between the relevant academic institution and 

4 clinical site) to a student of nursing, student of ad5 vanced practice registered nursing, or newly hired li6 censed nurse. 

7 ‘‘(3) RELEVANT ACADEMIC INSTITUTION.—The 

8 term ‘relevant academic institution’ means a school 

9 of nursing (as defined in section 801(2) of the Pub10 lic Health Service Act (42 U.S.C. 296(2))) in which 

11 a student of nursing or student of advanced practice 

12 registered nursing is enrolled. 

13 ‘‘(4) NEWLY HIRED.—The term ‘newly hired’ 

14 means within the first 6 months of employment. 

15 ‘‘(5) MINIMUM REQUIRED HOURS OF PRECEP16 TORSHIP.—The term ‘minimum required hours of 

17 preceptorship’ means 200 hours of serving as a 

18 nurse preceptor. 

19 ‘‘(c) REPORTING REQUIREMENT.— 

20 ‘‘(1) IN GENERAL.—No credit shall be allowed 

21 under subsection (a) unless the eligible nurse pre22 ceptor has received a certification indicating that the 

23 eligible nurse preceptor has completed the minimum 

24 required hours of preceptorship for the taxable year. 


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1 ‘‘(2) CONTENTS OF CERTIFICATION.—A certifi2 cation under paragraph (1) shall include— 

3 ‘‘(A) a certification from the relevant 

4 partnering academic institution stating the 

5 number of hours the preceptor served as a 

6 nurse preceptor to a student of nursing or stu7 dent of advanced practice registered nursing 

8 during the taxable year, or 

9 ‘‘(B) a certification from the clinical site at 

10 which the preceptor is employed stating the 

11 number of hours the preceptor served as a 

12 nurse preceptor to a newly hired nurse during 

13 the taxable year. 

14 ‘‘(3) MULTIPLE CERTIFICATIONS.—A nurse 

15 preceptor may receive multiple certifications from 

16 multiple entities under paragraph (2) to establish 

17 the completion of the minimum required hours of 

18 preceptorship. 

19 ‘‘(d) TERMINATION.—This section shall not apply to 

20 any taxable year beginning after December 31, 2030.’’. 

21 (b) CLERICAL AMENDMENT.—The table of sections 

22 for subpart A of part IV of subchapter A of chapter 1 

23 of the Internal Revenue Code of 1986 is amended by in24 serting after the item relating to section 25E the following 

25 new item: 

‘‘Sec. 25F. Credit for nurse preceptors.’’. 


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1 (c) EFFECTIVE DATE.—The amendments made by 

2 this section shall apply to taxable years beginning after 

3 December 31, 2023. 

4 (d) REPORT AND EVALUATION.— 

5 (1) IN GENERAL.—Beginning with taxable year 

6 2024 and ending with taxable year 2030, the Sec7 retary of the Treasury (or such Secretary’s delegate) 

8 shall report to the relevant committees of Congress 

9 for each taxable year on the credit under section 

10 25F of the Internal Revenue Code of 1986, as added 

11 by this section. Such report shall include— 

12 (A) the number of taxpayers claiming such 

13 credit for the taxable year, 

14 (B) the total hours served and other aggre15 gated and averaged data on the preceptorships 

16 served by taxpayers as an eligible nurse pre17 ceptor (as defined in section 25F(b) of such 

18 Code, as so added), 

19 (C) the geographic distribution of tax20 payers claiming such credit for the taxable year, 

21 and 

22 (D) such other information as determined 

23 relevant by the Secretary (or the Secretary’s 

24 delegate). 


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1 (2) EVALUATION.—Not later than June 30, 

2 2031, the Secretary of the Treasury (or the Sec3 retary’s delegate), in consultation with the Adminis4 trator of the Health Resources and Services Admin5 istration, shall provide to the relevant committees of 

6 Congress an evaluation of the effectiveness of the 

7 credit under section 25F of the Internal Revenue 

8 Code of 1986, as added by this section, in increasing 

9 the number of nurse preceptors in the United 

10 States. 

11 (3) RELEVANT COMMITTEES OF CONGRESS.— 

12 For purposes of this subsection, the term ‘‘relevant 

13 committees of Congress’’ means— 

14 (A) the Committee on Finance of the Sen15 ate, 

16 (B) the Committee on Ways and Means of 

17 the House of Representatives, 

18 (C) the Committee on Health, Education, 

19 Labor, and Pensions of the Senate, 

20 (D) the Committee on Education and the 

21 Workforce of the House of Representatives, and 

22 (E) the Committee on Energy and Com23 merce of the House of Representatives. 

24 (e) FUNDING.— 


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1 (1) DETERMINATION OF AMOUNT OF CREDIT

2 ALLOWED.—Beginning with taxable year 2024 and 

3 ending with taxable year 2030, the Secretary shall, 

4 subsequent to the close of such taxable year, deter5 mine the total amount of the credit allowed under 

6 section 25F of the Internal Revenue Code of 1986 

7 (as added by this section) with respect to such tax8 able year. 

9 (2) TRANSFER OF EXPIRED AND UNUSED

10 COVID–19 FUNDING.— 

11 (A) IN GENERAL.—Following any deter12 mination by the Secretary under paragraph (1), 

13 with respect to any amounts related to COVID– 

14 19 relief which— 

15 (i) were appropriated under any cov16 ered Act, and 

17 (ii) on the date of the determination 

18 described in such paragraph, were unobli19 gated and the authority to obligate or ex20 pend such amounts has terminated, 

21 the Secretary shall (at such time and in such 

22 manner as the Secretary may provide) transfer 

23 a share of such appropriated amounts into the 

24 general fund of the Treasury of the United 


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1 States in an amount equal to the amount deter2 mined under such paragraph. 

3 (B) ORDERING.—For purposes of subpara4 graph (A), amounts appropriated under any 

5 covered Act which are described in such sub6 paragraph shall be transferred— 

7 (i) in the order in which the authority 

8 to obligate or expend such amounts has 

9 terminated, or 

10 (ii) in the case of any amounts for 

11 which such authority terminated on the 

12 same date, in a pro rata manner. 

13 (3) DEFINITIONS.—In this subsection— 

14 (A) COVERED ACT.—The term ‘‘covered 

15 Act’’ means any of the following: 

16 (i) The Coronavirus Preparedness and 

17 Response Supplemental Appropriations 

18 Act, 2020 (Public Law 116–123; 134 Stat. 

19 146). 

20 (ii) The Families First Coronavirus 

21 Response Act (Public Law 116–127; 134 

22 Stat. 178). 

23 (iii) The CARES Act (Public Law 

24 116–136; 134 Stat. 281). 


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1 (iv) The Paycheck Protection Pro2 gram and Health Care Enhancement Act 

3 (Public Law 116–139; 134 Stat. 620). 

4 (v) Divisions M and N of the Consoli5 dated Appropriations Act, 2021 (Public 

6 Law 116–260; 134 Stat. 1182). 

7 (vi) The American Rescue Plan Act of 

8 2021 (Public Law 117–2; 135 Stat. 4). 

9 (B) SECRETARY.—The term ‘‘Secretary’’ 

10 has the meaning given such term in section 

11 7701(a)(11)(B) of the Internal Revenue Code 

12 of 1986. 

Æ 


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