A 1212·NJ·house
Modifies matching grant criteria for New Jersey Better Educational Savings Trust accounts.
In CommitteeFiled Jan 13, 2026
Sponsor: Schnall, Alexander
Latest Action
Reported out of committee Referred to AAP
May 4, 2026
Summary
The bill changes the NJBEST program so that taxpayers earning $75,000 or less can receive a dollar‑for‑dollar match on their initial deposits, up to $750 total. It also lets the overseeing authority adopt temporary rules—up to 360 days—about program participation requirements. The changes take effect immediately.
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