,,ii  #aai? ,,congress  #a/ ,session    
,s4 #aca  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,janu>y #af1 #bjbe,mr4 
,kelly 7= himself & ,mrs4 ,blackburn7   
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to create a tax   
cr$it = nurse preceptors4  #a4 ,%ort    
title ,?is ,act may be cit$ z ! ,provid+
 ,real-,_w ,education & ,cl9ical        
,exp]i5ce by ,precept+ ,tomorr['s       
,nurses ,act or ! ,,precept ,nurses     
,act4  #b4 ,cr$it = nurse preceptors    
7a7 ,9 g5]al ,subp>t ,a ( "p ,,iv (     
sub*apt] ,a ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] section #be;,e ! foll[+ new       
section3  #be;,f4 ,cr$it = nurse        
preceptors  7a7 ,9 g5]al ,9 ! case ( any
 eligible nurse preceptor1 !re %all be  
all[$ z a cr$it aga9/ ! tax impos$ by   
?is *apt] = any taxable ye> an am\nt    
equal to #b1jjj4  7b7 ,def9itions ,=    
purposes ( ?is section1 ) respect to any

 taxable ye>-- 7#a7 ,eligible nurse     
preceptor ,! t]m eligible nurse         
preceptor means an individual :o s]ves n
 less ?an #bjj h\rs dur+ ! taxable ye> z
 a nurse preceptor 9 a community :i* is 
designat$ z a heal? pr(essional %ortage 
area "u section #ccb ( ! ,public ,heal? 
,s]vice ,act4 ,! ,secret>y %all publi%  
on an annual basis on ! website ( !     
,int]nal ,rev5ue ,s]vice a li/ ( ! areas
 :i* are s designat$4  7#b7 ,nurse      
preceptor ,! t]m nurse preceptor means a
 lic5s$ regi/]$ nurse or heal? c>e      
provid] 7z def9$ 9 section #cjjj7c7 ( ! 
,public ,heal? ,s]vice ,act 7#db        
,u4,s4,c4 #cjj;jj7#c777 :o provides     
sup]vision & p]sonaliz$ exp]i5tial      
le>n+1 tra9+1 in/ruction1 & m5tor+      
opportunities 9 ! cl9ical practice (    
nurs+ 7z def9$ by ! applicable ,/ate    
,bo>d ( ,nurs+1 applicable /ate ag5cy1  
or writt5 agreem5t betwe5 ! relevant    
academic in/itution & cl9ical site7 to a
 /ud5t ( nurs+1 /ud5t ( advanc$ practice
 regi/]$ nurs+1 or newly hir$ lic5s$    

nurse4  7#c7 ,relevant academic         
in/itution ,! t]m relevant academic     
in/itution means a s*ool ( nurs+ 7z     
def9$ 9 section #hja7b7 ( ! ,public     
,heal? ,s]vice ,act 7#db ,u4,s4,c4      
#bif7b777 9 :i* a /ud5t ( nurs+ or /ud5t
 ( advanc$ practice regi/]$ nurs+ is    
enroll$4  7#d7 ,newly hir$ ,! t]m newly 
hir$ means )9 ! fir/ #f mon?s (         
employm5t4  7#e7 ,m9imum requir$ h\rs ( 
preceptor%ip ,! t]m m9imum requir$ h\rs 
( preceptor%ip means #bjj h\rs ( s]v+ z 
a nurse preceptor4  7c7 ,report+        
requirem5t  7#a7 ,9 g5]al ,no cr$it %all
 be all[$ "u subsection 7a7 unless !    
eligible nurse preceptor has receiv$ a  
c]tification indicat+ t ! eligible nurse
 preceptor has complet$ ! m9imum requir$
 h\rs ( preceptor%ip = ! taxable ye>4   
7#b7 ,cont5ts ( c]tification ,a         
c]tification "u p>agraph 7#a7 %all      
include-- 7,a7 a c]tification f !       
relevant p>tn]+ academic in/itution /at+
 ! numb] ( h\rs ! preceptor s]v$ z a    
nurse preceptor to a /ud5t ( nurs+ or   

/ud5t ( advanc$ practice regi/]$ nurs+  
dur+ ! taxable ye>1 or  7,b7 a          
c]tification f ! cl9ical site at :i* !  
preceptor is employ$ /at+ ! numb] ( h\rs
 ! preceptor s]v$ z a nurse preceptor to
 a newly hir$ nurse dur+ ! taxable ye>4 
7#c7 ,multiple c]tifications ,a nurse   
preceptor may receive multiple          
c]tifications f multiple entities "u    
p>agraph 7#b7 to e/abli% ! completion ( 
! m9imum requir$ h\rs ( preceptor%ip4   
7d7 ,t]m9ation ,?is section %all n apply
 to any taxable ye> beg9n+ aft] ,decemb]
 #ca1 #bjcb4  4  7b7 ,cl]ical am5dm5t ,!
 table ( sections = subp>t ,a ( "p ,,iv 
( sub*apt] ,a ( *apt] #a ( ! ,int]nal   
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] ! item relat+ to section #be;,e ! 
foll[+ new item3  ,sec4 #be;,f4 ,cr$it =
 nurse preceptors4  4  7c7 ,effective   
date ,! am5dm5ts made by ?is section    
%all apply to taxable ye>s beg9n+ aft]  
,decemb] #ca1 #bjbe4  7d7 ,report &     
evaluation  7#a7 ,9 g5]al ,beg9n+ )     
taxable ye> #bjbf & end+ ) taxable ye>  

#bjcb1 ! ,secret>y ( ! ,treasury 7or su*
 ,secret>y's delegate7 %all report to ! 
relevant committees ( ,congress = ea*   
taxable ye> on ! cr$it "u section #be;,f
 ( ! ,int]nal ,rev5ue ,code ( #aihf1 z  
add$ by ?is section4 ,su* report %all   
include-- 7,a7 ! numb] ( taxpay]s claim+
 su* cr$it = ! taxable ye>1 &  7,b7 !   
total h\rs s]v$ & o!r aggregat$ & av]ag$
 data on ! preceptor%ips s]v$ by        
taxpay]s z an eligible nurse preceptor  
7z def9$ 9 section #be;,f7b7 ( su*      
,code1 z s add$71  7,c7 ! geographic    
di/ribution ( taxpay]s claim+ su* cr$it 
= ! taxable ye>1 &  7,d7 su* o!r        
in=mation z det]m9$ relevant by !       
,secret>y 7or ! ,secret>y's delegate74  
7#b7 ,evaluation ,n lat] ?an ,june #cj1 
#bjcc1 ! ,secret>y ( ! ,treasury 7or !  
,secret>y's delegate71 9 consultation ) 
! ,adm9i/rator ( ! ,heal? ,res\rces &   
,s]vices ,adm9i/ration1 %all provide to 
! relevant committees ( ,congress an    
evaluation ( ! effectiv5ess ( ! cr$it "u
 section #be;,f ( ! ,int]nal ,rev5ue    

,code ( #aihf1 z add$ by ?is section1 9 
increas+ ! numb] ( nurse preceptors 9 ! 
,unit$ ,/ates4  7#c7 ,relevant          
committees ( ,congress ,= purposes ( ?is
 subsection1 ! t]m relevant committees (
 ,congress means-- 7,a7 ! ,committee on 
,f9ance ( ! ,s5ate1  7,b7 ! ,committee  
on ,ways & ,means ( ! ,h\se (           
,repres5tatives1  7,c7 ! ,committee on  
,heal?1 ,education1 ,labor1 & ,p5sions (
 ! ,s5ate1  7,d7 ! ,committee on        
,education & ,work=ce ( ! ,h\se (       
,repres5tatives1 &  7,e7 ! ,committee on
 ,en]gy & ,comm]ce ( ! ,h\se (          
,repres5tatives4