15-30-190. Credit for physician practicing in rural area -- limitations -- repayment. (1) Except as provided in subsection (2), the rural physician tax credit authorized in 15-30-189 is to be deducted from the taxpayer's income tax liability, beginning in the taxable year in which the physician commences practice in a rural area and for the next 3 successive years.
     (2) (a) A rural physician tax credit may not be claimed as a carryback or carryforward and may not be refunded if there is no tax liability.
     (b) A rural physician tax credit may not be used for any taxable year in which the physician ceases to practice or does not practice in the rural area.
     (3) If a physician ceases to practice in the rural area within 4 years following the taxable year in which the credit is allowed, the physician shall repay to the state the amount of the credit claimed for that taxable year.

     History: En. Sec. 3, Ch. 771, L. 1991.