New Jersey S4121 requires the state to participate in a federal tax credit scholarship program and mandates the Commissioner of Education to provide.
New Jersey S4121 mandates the state's participation in the federal tax credit program for individual contributions to scholarship granting organizations, as outlined in section 25F of the federal Internal Revenue Code. The bill requires the Commissioner of Education to annually submit required information to the U.S. Secretary of the Treasury to facilitate the state's participation in the program.
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- Critical Issues
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