There is a newer version
of
this Section
2019 New Jersey Revised Statutes
Title 54A - New Jersey Gross Income Tax Act
Section 54A:6-25.1 - Loan redemption exempt from taxation.
Universal Citation: NJ Rev Stat § 54A:6-25.1 (2019)
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.
Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
