1. Short title This Act may be cited as the Healthcare Worker Retention Act . 2. Establishment of refundable healthcare worker tax credit with semiannual advance payment (a) In general Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to refundable credits) is amended by inserting after section 36B the following new section: 36C. Healthcare worker tax credit (a) In general In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by this subtitle for any taxable year an amount equal to $1,000 ($2,000 in the case of eligible individuals filing a joint return). (b) Eligible individual For purposes of this section— (1) Eligible individual The term eligible individual means, with respect to a taxable year, any individual— (A) who works in a healthcare setting as an employee or contractor for at least— (i) an average of 20 hours per week, and (ii) three months during each half of such taxable year, and (B) with a gross income that does not exceed— (i) $200,000 in the case of a joint return or a surviving spouse (as defined in section 2(a)), and (ii) $100,000 in any other case. (2) Healthcare setting The term healthcare setting means an organization which provides healthcare services in any of the following settings: (A) A hospital. (B) A nursing home. (C) A community-based healthcare center. (D) A school or college campus. (E) A primary care facility. (F) An assisted living facility. (G) Hospice or home care. (H) Emergency medical services. (I) Any other licensed facility which extends medical, nursing or ancillary services to patients, including the elderly and disabled. (c) Reconciliation of credit and advance refunds of credit The amount of the credit allowed under this section to any taxpayer for any taxable year shall be reduced (but not below zero) by the aggregate amount of payments made under section 7527B to such taxpayer during such taxable year. Any failure to so reduce the credit shall be treated as arising out of a