Bill
S 4542
Excludes from gross income tax certain compensation earned by college athletes for use of name, image, or likeness.
2024-2025 Regular Session
Introduced by Kristin Corrado and 1 co-sponsor
New Jersey would exempt college athletes' name, image, and likeness compensation from state income tax, reducing their tax burden on NIL earnings.
Introduced in the Senate, Referred to Senate Higher Education Committee