HB1400: A BILL FOR AN ACT to amend the Indiana Code concerning taxation.
Page last updated: Sunday, April 20, 2025 at 7:36 PM (America/Indianapolis).
General Information
- Stage: Introduced House Bill (H)
- Current Chamber: house
- Origin Chamber: house
- Description: Tax credit for preceptors in medical education.
Legislators
Authors (1)
Coauthors (0)
Sponsors (0)
Cosponsors (0)
Advisors (0)
Conferees (0)
Actions (2 total)
- Jan 13, 2025, 11:40 AM: First reading: referred to Committee on Ways and Means
- Jan 13, 2025, 11:40 AM: Authored by Representative Manning
Digest
Provides a credit against the state tax liability of a qualified clinician (preceptor) in medical education who provides to a student in a particular taxable year, in return for no compensation as a preceptor, at least 140 hours of personalized instruction or training related to the student's clinical rotations required to obtain a professional degree. Provides that the amount of the credit allowable is equal to the lesser of: (1) $1,000 for each clinical rotation for which the qualified taxpayer provided the required instruction or training during the taxable year; or (2) $12,000 per taxable year.