H.R. 392 — PRECEPT Nurses Act

This section establishes a nonrefundable tax credit of $2,000 for eligible nurse preceptors (i.e., licensed registered nurses or health care providers who provide at least 200 hours of supervision, training, and mentoring to nursing students enrolled in schools of nursing (as defined in 42 U.S.C. 296(2)), advanced practice registered nursing students, or newly hired nurses within their first six months of employment) serving in health professional shortage areas. Eligible taxpayers must obtain certifications from relevant academic institutions or clinical sites verifying the required hours. The credit applies to taxable years beginning after December 31, 2025, and terminates for taxable years beginning after December 31, 2032. Additionally, this section requires the Secretary of the Treasury to submit annual reports to specified congressional committees through 2032 on credit usage (including claimant numbers, preceptorship hours, and geographic distribution) and, by June 30, 2033, an evaluation of the credit's effectiveness in increasing nurse preceptors nationwide, in consultation with the Health Resources and Services Administration.