Provides tax credits to companies contributing to loan and loan redemption program for residents who attend institutions of higher education in State and work at such company upon graduation.

This bill creates a tax credit program for New Jersey companies that fund student loan assistance. Companies contributing at least $10,000 to the "New Jersey Talent Retention Loan Fund" receive a 50% tax credit against state taxes, with an additional 50% credit over time if they hire graduates. The fund provides loans to eligible in-state students attending New Jersey colleges, requiring participants to work for the contributing company for up to four years after graduation to have their student debt partially repaid. The program directly affects participating companies (through tax incentives), students (through loan access), and the state (via fund administration under the Higher Education Student Assistance Authority).