This bill establishes a framework for preceptorships for students in the final year or final two semesters of chiropractic medicine programs in New Jersey. It defines key terms such as "preceptorship," which refers to a clinical program where students practice under the direct supervision of a State-licensed chiropractor, and outlines the responsibilities of the State Board of Chiropractic Examiners in approving both preceptors and the educational institutions where students are enrolled. The bill mandates that the board create rules regarding the training and experience required for preceptors, the nature of direct supervision, the scope of practice for students with limited licenses, and applicable provisions of existing chiropractic regulations.

To participate in a preceptorship, students must apply for a limited license, which requires proof of good academic standing, payment of a non-refundable fee, and a criminal background check. The limited license will expire upon the student's graduation or withdrawal from their chiropractic program. The bill aims to facilitate the transition of students into the chiropractic workforce in New Jersey, thereby encouraging local graduates to remain in the state as licensed practitioners.