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New Jersey Statutes, Title: 18A, EDUCATION
Chapter 71c: Administration by the authority.
Section: 18A:71c-37.1: Reimbursement payments for tax liability of participant.
16. The executive director or his designee may, within the limits of available funds and in accordance with eligibility criteria determined by the executive director or his designee, make payments in a reasonable amount, as determined by the executive director or his designee, to reimburse a program participant for all or part of any increased tax liability incurred by the participant, pursuant to the "New Jersey Gross Income Tax Act," N.J.S.54A:1-1 et seq., which results from the redemption of eligible qualifying loan expenses under the program.
L.2009, c.145, s.16.
This section added to the Rutgers Database: 2012-09-26 13:37:48.
Older versions of 18a:71c-37.1 (if available):
Court decisions that cite this statute:
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