The executive director or his designee may, within the limits of available funds and in accordance with eligibility criteria determined by the executive director or his designee, make payments in a reasonable amount, as determined by the executive director or his designee, to reimburse a program participant for all or part of any increased tax liability incurred by the participant, pursuant to the "New Jersey Gross Income Tax Act,"N.J.S. 54A:1-1 et seq., which results from the redemption of eligible qualifying loan expenses under the program.
N.J.S. § 18A:71C-37.1