AN ACT relating to a tax credit for primary care preceptors.

Create a new section of KRS Chapter 141 to establish a nonrefundable, nontransferable primary care preceptor tax credit that is available for taxable years beginning on or after January 1, 2023, but before January 1, 2027; provide that the credit is based on the Kentucky-licensed medical practitioner providing supervision and the amount of core clinical rotations completed per year; require that rotations be completed in a primary care health professional shortage area designated by the United States Health Resources and Services Administration; amend KRS 141.0205 to provide ordering of the tax credit; amend KRS 131.190 to allow the Department of Revenue to report on the tax credit.