Maryland legislation · 2026 Regular Session
Maryland HB595: Income Tax - Credit for Physician Preceptors in Areas With Health Care Workforce Shortages - Alterations
Status: Signed into law, April 28, 2026
Altering eligibility for a credit against the State income tax for physician preceptors by repealing a requirement that a student in a physician preceptorship program be enrolled in a medical school or medical training program in the State and reducing the required number of hours for a preceptor rotation for community-based clinical training; limiting to $100,000 the excess amount of tax credit certificates the Department may carry forward; and applying the Act to taxable years beginning after December 31, 2025.
What the bill says
An act concerning Income Tax - Credit for Physician Preceptors in Areas With Health Care Workforce Shortages - Alterations FOR the purpose of altering eligibility for a certain credit against the State income tax for certain physician preceptors by repealing a requirement that a student in a physician preceptorship program be enrolled in a medical school or medical training program in the State and reducing the required number of hours for a preceptor rotation for community-based clinical training…
From the enrolled text, May 5, 2026:
AN ACT concerning Income Tax - Credit for Physician Preceptors in Areas With Health Care Workforce Shortages - Alterations FOR the purpose of altering eligibility for a certain credit against the State income tax for certain physician preceptors by repealing a requirement that a student in a physician preceptorship program be enrolled in a medical school or medical training program in the State and reducing the required number of hours for a preceptor rotation for community-based clinical training; limiting the excess amount of tax credit certificates that the Department may carry forward and issue in subsequent taxable years; and generally relating to a credit against the State income tax for licensed physicians serving as physician preceptors in areas with health care workforce shortages. BY repealing and reenacting, with amendments, Article - Tax - General Section 10-738 Annotated Code of Maryland (2022 Replacement Volume and 2025 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That the Laws of Maryland read as follows: Article - Tax - General 10-738. (a) (1) In this section the following words have the meanings indicated. (2) "Department" means the Maryland Department of Health. (3) "Licensed physician" means an individual who is licensed to practice medicine under Title 14 of the Health Occupations Article. (4) "Preceptorship program" means an organized system of clinical …