Allows a gross income tax deduction for certain higher education tuition and fee expenses.

S 511 allows New Jersey taxpayers with gross income of $85,000 or less to deduct qualified higher education tuition and fee expenses paid during the tax year. The deduction covers costs for the taxpayer, their spouse, or dependents enrolled as matriculated students at accredited public or private colleges or universities. It applies to expenses paid for accredited institutions recognized by the U.S. Secretary of Education. This policy change directly affects low-to-moderate income families with students in higher education.