The proposed bill establishes the Preceptor Income Tax Incentive Act, which aims to provide a tax credit for community-based faculty preceptors, specifically nursing home administrators, registered nurses, and registered dietitians, who offer personalized instruction, training, and supervision to students in adult care homes and medical facilities. For the taxable year 2025 and beyond, preceptors will receive a $250 tax credit for every completed 40 hours of preceptorship provided to a student, with no limit on the number of credits that can be accrued. However, preceptors will not be eligible for the credit if they or their employers receive compensation from another organization for the same preceptorship.

To claim the tax credit, preceptors must certify the number of hours of instruction provided and confirm that they did not receive any payment for the training during the tax year. Additionally, the educational institution must provide an annual statement verifying the hours of preceptorship. The credit is non-refundable and cannot exceed the taxpayer's total income tax liability under the Kansas income tax act. The bill aims to incentivize professional mentoring in the healthcare sector, addressing the barriers to obtaining necessary training and supervision for students pursuing careers in nursing and dietary management.