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HB 1670

Assistance in obtaining veteran benefits.

2025 Regular Session Introduced by Scott Baldwin and 6 co-sponsors

HB 1670 aimed to offer tax credits up to $10,000 for preceptors training future healthcare professionals, enhancing training quality and student opportunities in Arkansas.

Senate advisors appointed: Tomes and Ford J.D.
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Bill Summary · HB 1670

Summary of House Bill 1670: Preceptor Tax Incentive Program

Bill Number: HB 1670
Introduced: March 04, 2025
Status: Withdrawn by Author
Author: Representative L. Johnson

Purpose and Intent

House Bill 1670 aimed to establish the Preceptor Tax Incentive Program in Arkansas. The primary goal of this legislation was to provide financial incentives for certain medical and counseling professionals who train students in accredited programs. By encouraging experienced professionals to serve as preceptors, the bill sought to enhance the quality of training for future healthcare providers and counselors.

Key Provisions

The bill proposed several significant changes to the state income tax laws, including:

Definitions

  • Preceptor: A faculty member who provides training to students in various medical and counseling fields.
  • Students: Includes medical, nursing, counseling, and physician assistant students participating in accredited training programs.

Tax Credits

  1. Uncompensated Faculty Preceptors:

    • Eligible for a tax credit of $1,000 for each student they train, with a maximum annual credit of $10,000.
    • The credit applies to income tax liabilities, and any excess can be refunded.

  2. Compensated Faculty Preceptors:

    • Eligible for a tax credit equal to the compensation received for conducting preceptorship training, capped at $6,000 per taxpayer.
    • Similar to uncompensated preceptors, excess credits can be refunded if they exceed tax liabilities.

Effective Date

  • The provisions of the bill were set to take effect for tax years beginning on or after January 1, 2025.

Impact

If enacted, HB 1670 would have impacted:
- Healthcare and Counseling Professionals: Physicians, nurses, and counselors who serve as preceptors would benefit from tax credits, potentially increasing their willingness to train students.
- Students in Training: Medical, nursing, and counseling students would gain access to more training opportunities, enhancing their educational experience and readiness for professional practice.
- Healthcare System: By fostering a more robust training environment, the bill aimed to improve the overall quality of healthcare services in Arkansas.

Legislative Actions

  • March 04, 2025: Bill filed and referred to the Committee on Revenue & Taxation.
  • April 14, 2025: Bill withdrawn by the author.

Conclusion

While HB 1670 was withdrawn before further consideration, its intent to incentivize training for future medical and counseling professionals highlights ongoing efforts to improve healthcare education and workforce development in Arkansas.

Compiled from official sources — confirm details with the bill’s official record.

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