A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 281.
Proposes an amendment to the Income Tax Act of 1967 to add section 281, which offers a tax credit to advanced practice registered nurses serving as preceptors in clinical rotations for nursing programs. For tax years 2023 through 2027, eligible preceptors can claim a $1,000 credit for every 250 hours of service, up to a maximum of $5,000 per year, provided they have not been compensated for their preceptorship.
Co-sponsored by Reps.
Referred to the Committee on Tax Policy