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NJ A6187

Bill

Status

Introduced

12/8/2025

Primary Sponsor

Alexander Schnall

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • Expands NJBEST 529 college savings account matching grants from a one-time match of the initial deposit to matching multiple initial deposits, up to a total of $750
  • Maintains eligibility for taxpayers with gross income of $75,000 or less who open new NJBEST accounts
  • Preserves the dollar-for-dollar matching structure with the same $750 maximum grant amount
  • Amends P.L.2021, c.128 to take effect immediately upon enactment

Legislative Description

Modifies matching grant criteria for New Jersey Better Educational Savings Trust accounts.

Higher Education

Last Action

Introduced, Referred to Assembly Higher Education Committee

12/8/2025

Committee Referrals

Higher Education12/8/2025

Full Bill Text

No bill text available