On notification that an income tax credit certificate has been issued by the Department, the Comptroller shall transfer an amount equal to the income tax credit amount stated in the income tax credit certificate from the Nurse Practitioner Preceptorship Tax Credit Fund, the Physician Assistant Preceptorship Tax Credit Fund, or Licensed Practical Nurse and Registered Nurse Preceptorship Tax Credit Fund, to the General Fund.

Authority: Tax-General Article, §§10-738, 10-739, 10-739-1, and 10.752, Annotated Code of Maryland

Effective date: January 29, 2018 (45:2 Md. R. 68)

Chapter revised effective September 19, 2022 (49:19 Md. R. 868)

Chapter revised effective March 2, 2026 (53:4 Md. R. 184)