N.J.S.A. 54A:6-25.2 — Gross income, student loan debt, total, permanently disabled veterans.

54A:6-25.2 Gross income, student loan debt, total, permanently disabled veterans. 1. Gross income shall not include amounts discharged through the Total and Permanent Disability discharge process of the United States Department of Education for student loan indebtedness of a taxpayer who is a totally and permanently disabled veteran. As used herein, "totally and permanently disabled veteran" means an individual who has been determined by the United States Department of Veterans Affairs to have a service-connected disability that is 100 percent disabling or to be totally disabled based on an individual unemployability rating. L.2022, c.125.

This is the verbatim text of N.J.S.A. 54A:6-25.2, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.