Allows credit against gross income tax for certain eligible taxpayers pursuing education and employment in State.

This bill provides a $1,500 nonrefundable tax credit against New Jersey gross income tax for eligible residents. To qualify, taxpayers must have graduated from a New Jersey high school and a New Jersey institution of higher education with a 3.5 GPA or higher, and work full-time (25+ hours/week) for a New Jersey employer within two years of graduation. The credit applies only for the first five consecutive tax years following qualifying employment, and cannot reduce tax liability below zero. It directly affects New Jersey graduates who complete their education and remain employed in-state, aiming to encourage retention in the state's workforce.