H.R. 10373, also known as the “Providing Real-World Education and Clinical Experience by Precepting Tomorrow’s Nurses Act” or the “PRECEPT Nurses Act,” proposes an amendment to the Internal Revenue Code of 1986 to create a $2,000 tax credit for eligible nurse preceptors. This credit is...
Simple Explanation
Imagine there's a plan to give nurses a special thank you gift: if they help teach and guide new nurses in places where there aren't enough doctors and nurses, they can get a $2,000 bonus on their taxes. This plan also uses leftover money meant for COVID emergencies to pay for these bonuses, but some people worry about how the money is being moved around and if it's all fair.