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Bill > A3453


NJ A3453

NJ A3453
Allows a gross income tax deduction for certain higher education tuition and fee expenses.


summary

Introduced
02/25/2020
In Committee
02/25/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill allows taxpayers who have annual gross income of $85,000 or less to deduct certain higher education tuition and fee expenses paid during the taxable year. The bill allows the deduction for higher education tuition and fee expenses paid on account of the status of the taxpayer, the taxpayer's spouse and the taxpayer's dependents as a matriculated student at an accredited higher education institution.

AI Summary

This bill allows taxpayers with annual gross income of $85,000 or less to deduct certain higher education tuition and fee expenses paid during the taxable year for themselves, their spouse, and their dependents who are matriculated students at accredited higher education institutions.

Committee Categories

Education

Sponsors (1)

Last Action

Introduced, Referred to Assembly Higher Education Committee (on 02/25/2020)

bill text


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