S1101 — Establishes New Jersey Homebuyer Tax Credit Program under gross income tax for certain home purchases during qualified periods by first-time homebuyers.

S1101 — Establishes New Jersey Homebuyer Tax Credit Program under gross income tax for certain home purchases during qualified periods by first-time homebuyers. · Informed CitizenryThis bill establishes the New Jersey Homebuyer Tax Credit Program, which provides a tax credit for first-time homebuyers who purchase a qualified residential property. The credit is equal to 5% of…Open in Informed Citizenry