STAND. COM. REP. NO. 903

Honolulu, Hawaii

, 2025

RE: H.B. No. 303

H.D. 2

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Madame:

Your Committee on Finance, to which was referred H.B. No. 303, H.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO HEALTHCARE PRECEPTORS,"

begs leave to report as follows:

The purpose of this measure is to amend the Healthcare Preceptor Income Tax Credit by expanding the types of providers who are eligible to receive tax credits for acting as preceptors and adding the Director of Health and residency programs with eligible students to the Preceptor Credit Assurance Committee.

Your Committee received testimony in support of this measure from the Department of Health; University of Hawaiʻi System; Hawaii Health Systems Corporation Corporate Board of Directors; Hawaiʻi State Center for Nursing; Healthcare Association of Hawaii; Hawaiʻi Academy of Physician Assistants; Hawaiʻi Pacific Health; Hawaii Primary Care Association; Kaiser Permanente Hawaiʻi; The Queen's Health Systems; Hawaii State Chiropractic Association; Hawaiʻi-American Nurses Association; Hawaii Medical Association; and one individual. Your Committee received comments on this measure from the Department of Taxation; Tax Foundation of Hawaii; Hawaii Pharmacists Association; and numerous individuals.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 303, H.D. 2, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

KYLE T. YAMASHITA, Chair