Provides gross income tax deduction for certain wages of kindergarten through grade 12 school teachers.

This bill provides a 25% gross income tax deduction for K-12 teachers in New Jersey. It directly affects teachers employed by public school districts, charter schools, Renaissance school projects, or qualifying nonpublic schools. The deduction reduces taxable income by 25% of the wages paid by these employers during the tax year. The policy applies to taxable years beginning after the bill's enactment date.