PRECEPT Nurses Act

Subjects: Taxation


<html><body><pre>[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 1627 Introduced in Senate (IS)]

&lt;DOC&gt;






118th CONGRESS
  1st Session
                                S. 1627

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


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 16, 2023

  Mr. Kelly (for himself and Mrs. Blackburn) introduced the following 
  bill; which was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


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

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Providing Real-World Education and 
Clinical Experience by Precepting Tomorrow's Nurses Act'' or the 
``PRECEPT Nurses Act''.

SEC. 2. CREDIT FOR NURSE PRECEPTORS.

    (a) In General.--Subpart A of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 is amended by inserting after 
section 25E the following new section:

``SEC. 25F. CREDIT FOR NURSE PRECEPTORS.

    ``(a) In General.--In the case of any eligible nurse preceptor, 
there shall be allowed as a credit against the tax imposed by this 
chapter for any taxable year an amount equal to $2,000.
    ``(b) Definitions.--For purposes of this section, with respect to 
any taxable year--
            ``(1) Eligible nurse preceptor.--The term `eligible nurse 
        preceptor' means an individual who serves not less than 200 
        hours during the taxable year as a nurse preceptor in a 
        community which is designated as a health professional shortage 
        area under section 332 of the Public Health Service Act. The 
        Secretary shall publish on an annual basis on the website of 
        the Internal Revenue Service a list of the areas which are so 
        designated.
            ``(2) Nurse preceptor.--The term `nurse preceptor' means a 
        licensed registered nurse or health care provider (as defined 
        in section 3000(3) of the Public Health Service Act (42 U.S.C. 
        300jj(3))) who provides supervision and personalized 
        experiential learning, training, instruction, and mentoring 
        opportunities in the clinical practice of nursing (as defined 
        by the applicable State Board of Nursing, applicable state 
        agency, or written agreement between the relevant academic 
        institution and clinical site) to a student of nursing, student 
        of advanced practice registered nursing, or newly hired 
        licensed nurse.
            ``(3) Relevant academic institution.--The term `relevant 
        academic institution' means a school of nursing (as defined in 
        section 801(2) of the Public Health Service Act (42 U.S.C. 
        296(2))) in which a student of nursing or student of advanced 
        practice registered nursing is enrolled.
            ``(4) Newly hired.--The term `newly hired' means within the 
        first 6 months of employment.
            ``(5) Minimum required hours of preceptorship.--The term 
        `minimum required hours of preceptorship' means 200 hours of 
        serving as a nurse preceptor.
    ``(c) Reporting Requirement.--
            ``(1) In general.--No credit shall be allowed under 
        subsection (a) unless the eligible nurse preceptor has received 
        a certification indicating that the eligible nurse preceptor 
        has completed the minimum required hours of preceptorship for 
        the taxable year.
            ``(2) Contents of certification.--A certification under 
        paragraph (1) shall include--
                    ``(A) a certification from the relevant partnering 
                academic institution stating the number of hours the 
                preceptor served as a nurse preceptor to a student of 
                nursing or student of advanced practice registered 
                nursing during the taxable year, or
                    ``(B) a certification from the clinical site at 
                which the preceptor is employed stating the number of 
                hours the preceptor served as a nurse preceptor to a 
                newly hired nurse during the taxable year.
            ``(3) Multiple certifications.--A nurse preceptor may 
        receive multiple certifications from multiple entities under 
        paragraph (2) to establish the completion of the minimum 
        required hours of preceptorship.
    ``(d) Termination.--This section shall not apply to any taxable 
year beginning after December 31, 2030.''.
    (b) Clerical Amendment.--The table of sections for subpart A of 
part IV of subchapter A of chapter 1 of the Internal Revenue Code of 
1986 is amended by inserting after the item relating to section 25E the 
following new item:

``Sec. 25F. Credit for nurse preceptors.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2023.
    (d) Report and Evaluation.--
            (1) In general.--Beginning with taxable year 2024 and 
        ending with taxable year 2030, the Secretary of the Treasury 
        (or such Secretary's delegate) shall report to the relevant 
        committees of Congress for each taxable year on the credit 
        under section 25F of the Internal Revenue Code of 1986, as 
        added by this section. Such report shall include--
                    (A) the number of taxpayers claiming such credit 
                for the taxable year,
                    (B) the total hours served and other aggregated and 
                averaged data on the preceptorships served by taxpayers 
                as an eligible nurse preceptor (as defined in section 
                25F(b) of such Code, as so added),
                    (C) the geographic distribution of taxpayers 
                claiming such credit for the taxable year, and
                    (D) such other information as determined relevant 
                by the Secretary (or the Secretary's delegate).
            (2) Evaluation.--Not later than June 30, 2031, the 
        Secretary of the Treasury (or the Secretary's delegate), in 
        consultation with the Administrator of the Health Resources and 
        Services Administration, shall provide to the relevant 
        committees of Congress an evaluation of the effectiveness of 
        the credit under section 25F of the Internal Revenue Code of 
        1986, as added by this section, in increasing the number of 
        nurse preceptors in the United States.
            (3) Relevant committees of congress.--For purposes of this 
        subsection, the term ``relevant committees of Congress'' 
        means--
                    (A) the Committee on Finance of the Senate,
                    (B) the Committee on Ways and Means of the House of 
                Representatives,
                    (C) the Committee on Health, Education, Labor, and 
                Pensions of the Senate,
                    (D) the Committee on Education and the Workforce of 
                the House of Representatives, and
                    (E) the Committee on Energy and Commerce of the 
                House of Representatives.
    (e) Funding.--
            (1) Determination of amount of credit allowed.--Beginning 
        with taxable year 2024 and ending with taxable year 2030, the 
        Secretary shall, subsequent to the close of such taxable year, 
        determine the total amount of the credit allowed under section 
        25F of the Internal Revenue Code of 1986 (as added by this 
        section) with respect to such taxable year.
            (2) Transfer of expired and unused covid-19 funding.--
                    (A) In general.--Following any determination by the 
                Secretary under paragraph (1), with respect to any 
                amounts related to COVID-19 relief which--
                            (i) were appropriated under any covered 
                        Act, and
                            (ii) on the date of the determination 
                        described in such paragraph, were unobligated 
                        and the authority to obligate or expend such 
                        amounts has terminated,
                the Secretary shall (at such time and in such manner as 
                the Secretary may provide) transfer a share of such 
                appropriated amounts into the general fund of the 
                Treasury of the United States in an amount equal to the 
                amount determined under such paragraph.
                    (B) Ordering.--For purposes of subparagraph (A), 
                amounts appropriated under any covered Act which are 
                described in such subparagraph shall be transferred--
                            (i) in the order in which the authority to 
                        obligate or expend such amounts has terminated, 
                        or
                            (ii) in the case of any amounts for which 
                        such authority terminated on the same date, in 
                        a pro rata manner.
            (3) Definitions.--In this subsection--
                    (A) Covered act.--The term ``covered Act'' means 
                any of the following:
                            (i) The Coronavirus Preparedness and 
                        Response Supplemental Appropriations Act, 2020 
                        (Public Law 116-123; 134 Stat. 146).
                            (ii) The Families First Coronavirus 
                        Response Act (Public Law 116-127; 134 Stat. 
                        178).
                            (iii) The CARES Act (Public Law 116-136; 
                        134 Stat. 281).
                            (iv) The Paycheck Protection Program and 
                        Health Care Enhancement Act (Public Law 116-
                        139; 134 Stat. 620).
                            (v) Divisions M and N of the Consolidated 
                        Appropriations Act, 2021 (Public Law 116-260; 
                        134 Stat. 1182).
                            (vi) The American Rescue Plan Act of 2021 
                        (Public Law 117-2; 135 Stat. 4).
                    (B) Secretary.--The term ``Secretary'' has the 
                meaning given such term in section 7701(a)(11)(B) of 
                the Internal Revenue Code of 1986.
                                 &lt;all&gt;
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