S3633 — Allows gross income tax credit for residential rent paid in excess of 30 percent of gross income.

S3633 — Allows gross income tax credit for residential rent paid in excess of 30 percent of gross income. · Informed CitizenryThis bill proposes a refundable gross income tax credit for taxpayers whose principal residence is a rental unit in New Jersey and who pay rent exceeding 30 percent of their gross income. The credi…Open in Informed Citizenry