Legislation - SB0466

Title: Income Tax - Credit for Physician Preceptors in Areas With Health Care Workforce Shortages - Alterations
Sponsored by: Senator King
Status: In the House - Hearing 3/31 at 1:00 p.m. (Ways and Means)
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Altering eligibility for a credit against the State income tax for physician preceptors by repealing a requirement that a student in a physician preceptorship program be enrolled in a medical school or medical training program in the State and reducing the required number of hours for a preceptor rotation for community-based clinical training; limiting to $100,000, the excess amount of tax credit certificates the Department may carry forward from all prior fiscal years; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media; Health

Committee Testimony

Witness List

Details

Cross-filed with: HB0595

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/02/2026 Legislative Date 2/02/2026 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Credit for Physician Preceptors in Areas With Health Care Workforce Shortages - Alterations Proceedings
Chamber Senate Calendar Date 2/04/2026 Legislative Date 2/04/2026 Action Hearing 2/18 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/18/2026 Legislative Date 3/18/2026 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/18/2026 Legislative Date 3/02/2026 Action Favorable with Amendments {793426/1 Adopted Proceedings 41AClick to view Recorded Media
Chamber Senate Calendar Date 3/18/2026 Legislative Date 3/02/2026 Action Second Reading Passed with Amendments Proceedings 41AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Credit for Physician Preceptors in Areas With Health Care Workforce Shortages - Alterations Proceedings
Chamber Senate Calendar Date 3/19/2026 Legislative Date 3/03/2026 Action Third Reading Passed (45-0) Proceedings 42AClick to view Recorded Media
Chamber House Calendar Date 3/20/2026 Legislative Date 3/07/2026 Action Referred Ways and Means Health Proceedings 44AClick to view Recorded Media
Chamber House Calendar Date 3/25/2026 Legislative Date 3/25/2026 Action Hearing 3/31 at 1:00 p.m. (Ways and Means) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/02/2026	2/02/2026	First Reading Budget and Taxation
			Text - First - Income Tax - Credit for Physician Preceptors in Areas With Health Care Workforce Shortages - Alterations
Senate	2/04/2026	2/04/2026	Hearing 2/18 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/18/2026	3/18/2026	Favorable with Amendments Report by Budget and Taxation
Senate	3/18/2026	3/02/2026	Favorable with Amendments {793426/1 Adopted	41AClick to view Recorded Media
Senate	3/18/2026	3/02/2026	Second Reading Passed with Amendments	41AClick to view Recorded Media
			Text - Third - Income Tax - Credit for Physician Preceptors in Areas With Health Care Workforce Shortages - Alterations
Senate	3/19/2026	3/03/2026	Third Reading Passed (45-0)	42AClick to view Recorded Media
House	3/20/2026	3/07/2026	Referred Ways and Means Health	44AClick to view Recorded Media
House	3/25/2026	3/25/2026	Hearing 3/31 at 1:00 p.m. (Ways and Means)

File Code

Subjects

Statutes