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.
New Jersey Legal Code