Provides gross income tax exclusion for all compensation earned by college athletes for use of name, image, or likeness.

Summary

The bill removes any compensation a student‑athlete earns for the use of their name, image, or likeness from their taxable income. It applies only while the athlete competes in intercollegiate sports at a four‑year college or university located in New Jersey. The change is intended to lessen the tax burden on student‑athletes who profit from NIL deals.

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