Requires State Board of Education to establish program to pay high school equivalency exam fees for certain low-income individuals; provides gross income tax and corporation business tax deductions for donations made to support fees.

This bill directs the New Jersey State Board of Education to create a program that covers the fees for high school equivalency exams for low-income individuals, defined as those living in households earning 150 percent or less of the federal poverty guidelines. To fund these payments, the legislation establishes a dedicated, nonlapsing fund within the Department of Education that accepts public donations and state appropriations. The bill also provides tax deductions for both individual and corporate taxpayers who contribute to this fund, making it easier for donors to support the initiative.