New Jersey A4986 establishes a program to cover high school equivalency exam fees for low-income individuals and allows tax deductions for donations.

New Jersey A4986, known as the "We Believe In You Act," mandates the State Board of Education to create a program that pays high school equivalency exam fees for low-income individuals. The board must detail the application process, including required income verification documents. The bill defines "low-income individual" as someone residing in a household with income at or below 150% of federal poverty guidelines. Additionally, it establishes the "We Believe In You Fund" within the Department of Education, funded by donations eligible for gross income and corporation business tax deductions.

New Jersey A4986 establishes a program to cover high school equivalency exam fees for low-income individuals and allows tax deductions for donations.

New Jersey A4986, known as the "We Believe In You Act," mandates the State Board of Education to create a program that pays high school equivalency exam fees for low-income individuals. The board must detail the application process, including required income verification documents. The bill defines "low-income individual" as someone residing in a household with income at or below 150% of federal poverty guidelines. Additionally, it establishes the "We Believe In You Fund" within the Department of Education, funded by donations eligible for gross income and corporation business tax deductions.