Allows credit against gross income tax for certain eligible taxpayers pursuing education and employment in State.

This bill creates a $1,500 nonrefundable state income tax credit for New Jersey residents who meet specific criteria. To qualify, a taxpayer must have graduated from both a New Jersey high school and a New Jersey institution of higher education (public or private nonprofit) with a 3.5+ GPA, then work full-time (25+ hours/week) for a New Jersey-based employer within two years of graduation. The credit applies for the first five consecutive tax years of eligible employment, but cannot reduce tax liability below zero. It directly targets recent NJ college graduates seeking to remain in-state for employment, aiming to incentivize retention in the state's workforce.