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New Jersey Statutes, Title: 54A, NEW JERSEY GROSS INCOME TAX ACT
Chapter 6: Items in 54A:6-2 to 54A:6-9 excluded
Section: 54A:6-25.1: Loan redemption exempt from taxation.
12. Gross income, for the purposes of the "New Jersey Gross Income Tax Act," N.J.S.54A:1-1 et seq., shall not include amounts received as a loan redemption under the "Social Services Student Loan Redemption Program," established pursuant to P.L.2005, c.157 (C.18A:71B-87 et al).
L.2005,c.157,s.12.
This section added to the Rutgers Database: 2012-09-26 13:37:57.
Older versions of 54a:6-25.1 (if available):
Court decisions that cite this statute:
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