The main purpose of this legislation is to encourage more registered nurses to take on the role of preceptors, which involves mentoring and training nursing students and newly hired nurses. By offering a tax credit, the law aims to address the shortage of qualified nursing professionals, especially in areas where healthcare resources are limited. The key provision of this law introduces a tax credit of $2,000 for eligible nurse preceptors who complete at least 200 hours of preceptorship in designated health professional shortage areas.