Eliminates veterans' gross income tax deduction requirement that New Jersey National Guard member serve in federal active duty status.

Summary

The bill rewrites the state tax code so that any New Jersey National Guard member who has been honorably discharged can take a $3,000 personal exemption, even if they never served on federal active duty. This puts Guard veterans on the same footing as veterans from other branches who already receive the deduction. The change becomes effective for tax years beginning on January 1 after the law is enacted.

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