HEALTH CARE PRECEPTOR INCOME TAX CREDIT

Summary

The bill establishes a tax credit of up to $1,000 for licensed health‑care professionals who provide at least 120 hours of unpaid clinical training to eligible graduate students at New Mexico higher‑education institutions. The credit can be claimed once per tax year, may be carried forward if it exceeds the taxpayer’s liability, and requires an application with certification from the host institution. It is intended to encourage more professionals to serve as preceptors and support the training of future health workers.

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