Bill Text: NY S04033 | 2019-2020 | General Assembly | Amended
Bill Title: Establishes a clinical preceptorship personal income tax credit for certain health care professionals who provide preceptor instruction to students studying to be a health care professional.
Spectrum: Slight Partisan Bill (Republican 5-3)
Status: (Introduced - Dead) 2020-01-08 - REFERRED TO BUDGET AND REVENUE [S04033 Detail]
Download: New_York-2019-S04033-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 4033--A 2019-2020 Regular Sessions IN SENATE February 25, 2019 ___________ Introduced by Sens. STAVISKY, AKSHAR, GALLIVAN, HELMING, RITCHIE, ROBACH, SAVINO -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to establishing a personal income tax credit for preceptor clinicians who provide preceptor instruction; and providing for the repeal of such provisions upon the expiration thereof The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 606 of the tax law is amended by adding a new 2 subsection (jjj) to read as follows: 3 (jjj) Clinical preceptorship credit. (1) General. A taxpayer who is a 4 preceptor clinician who provides preceptor instruction as part of a 5 clinical preceptorship shall be allowed a credit of one thousand dollars 6 for each one hundred hours of such preceptor instruction; provided that 7 the credit allowed pursuant to this subsection shall not exceed three 8 thousand dollars during any taxable year. 9 (2) Definitions. As used in this subsection: 10 (A) The term "preceptor clinician" means a (i) physician licensed 11 pursuant to article one hundred thirty-one of the education law, (ii) 12 physician assistant licensed pursuant to article one hundred 13 thirty-one-B of the education law, (iii) specialist assistant registered 14 pursuant to article one hundred thirty-one-C of the education law, (iv) 15 certified registered nurse anesthetist certified by the education 16 department, (v) registered professional nurse licensed pursuant to 17 section sixty-nine hundred five of the education law, (vi) nurse practi- 18 tioner certified pursuant to section sixty-nine hundred ten of the 19 education law, (vii) clinical nurse specialist certified pursuant to 20 section sixty-nine hundred eleven of the education law, or (viii) EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01457-03-9S. 4033--A 2 1 midwife licensed pursuant to article one hundred forty of the education 2 law, who, without the provision of any form of compensation therefor, 3 provides a clinical preceptorship or preceptorships including, but not 4 limited to, both community and in-patient facilities, during the taxable 5 year. 6 (B) The term "clinical preceptorship" means a preceptorship for a 7 student enrolled in a New York state based educational program approved 8 pursuant to title eight of the education law to become a physician, 9 physician assistant, specialist assistant, certified registered nurse 10 anesthetist, registered professional nurse, nurse practitioner, clinical 11 nurse specialist or midwife, and which preceptorship provides preceptor 12 instruction in family medicine, internal medicine, pediatrics, obstet- 13 rics and gynecology, emergency medicine, psychiatry or general surgery 14 under the supervision of a preceptor clinician. 15 (3) Application of credit. In no event shall the amount of the credit 16 provided by this subsection exceed the taxpayer's tax for the taxable 17 year. If the amount of the credit and carryovers of such credit allowed 18 under this subsection exceeds such tax, the excess as well as any part 19 of the credit or carryovers of such credit, or both may be carried over 20 to the following year or years. 21 (4) Aggregate amount. The aggregate amount of tax credits allowed 22 pursuant to the authority of this subsection shall be three million 23 dollars each year during the period two thousand twenty through two 24 thousand twenty-four. If the total amount of allocated credits applied 25 for in any particular year exceeds the aggregate amount of tax credit 26 allowed for such year, such excess shall be treated as having been 27 applied for on the first day of the subsequent year. 28 § 2. The commissioner of education along with the commissioner of the 29 department of taxation and finance are authorized to promulgate rules 30 and regulations without being subject to the state administrative proce- 31 dure act in regard to the issuance of a certification identifying the 32 name of a preceptor clinician and the hours spent as an instructor and a 33 report necessary to effectuate the clinical preceptorship credit program 34 under this act. Notwithstanding any provision of law to the contrary, 35 the commissioner of education shall permit the commissioner of the 36 department of taxation and finance or proper officers of such department 37 to inspect the certificate or report filed and issued by the commission- 38 er of education for the purposes of administering the clinical precep- 39 torship tax credit pursuant to subsection (jjj) of section 606 of the 40 tax law. 41 § 3. This act shall take effect immediately and shall apply to taxable 42 years beginning on January 1, 2020 and shall expire and be deemed 43 repealed December 31, 2024.