Establishes gross income tax credit for full-time tuition cost at certain New Jersey institutions of post-secondary education.

This bill creates a New Jersey gross income tax credit for full-time tuition costs at eligible institutions. It provides a 10% credit (up to $1,000 per year) for taxpayers with gross income under $150,000 who pay tuition for themselves or a dependent under age 22 enrolled full-time at a New Jersey four-year college, county college, or accredited vocational school. The credit excludes taxpayers who claimed a deduction for the same tuition under other provisions. It applies to taxable years beginning after enactment and directly affects New Jersey residents pursuing higher education at qualifying institutions.