1. Short title This Act may be cited as the Providing Real-World Education and Clinical Experience by Precepting Tomorrow’s Nurses Act or the PRECEPT Nurses Act . 2. Credit for nurse preceptors (a) In general Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 25E the following new section: 25F. Credit for nurse preceptors (a) In general In the case of any eligible nurse preceptor, there shall be allowed as a credit against the tax imposed by this chapter for any taxable year an amount equal to $2,000. (b) Definitions For purposes of this section, with respect to any taxable year— (1) Eligible nurse preceptor The term eligible nurse preceptor means an individual who serves not less than 200 hours during the taxable year as a nurse preceptor in a community which is designated as a health professional shortage area under section 332 of the Public Health Service Act. The Secretary shall publish on an annual basis on the website of the Internal Revenue Service a list of the areas which are so designated. (2) Nurse preceptor The term nurse preceptor means a licensed registered nurse or health care provider (as defined in section 3000(3) of the Public Health Service Act ( 42 U.S.C. 300jj(3) )) who provides supervision and personalized experiential learning, training, instruction, and mentoring opportunities in the clinical practice of nursing (as defined by the applicable State Board of Nursing, applicable state agency, or written agreement between the relevant academic institution and clinical site) to a student of nursing, student of advanced practice registered nursing, or newly hired licensed nurse. (3) Relevant academic institution The term relevant academic institution means a school of nursing (as defined in section 801(2) of the Public Health Service Act ( 42 U.S.C. 296(2) )) in which a student of nursing or student of advanced practice registered nursing is enrolled. (4) Newly hired The term newly hired means within the first 6 months of