New Jersey A2865 allows a gross income tax deduction for costs of purchasing and installing a whole house backup electrical generator for a resident.

New Jersey A2865 provides a gross income tax deduction for the costs of purchasing and installing a whole house backup electrical generator for a resident taxpayer's principal residence. This generator, powered by natural gas or liquid gas propane, must be permanently connected to the electrical system of a one or two-family residential structure and only operates during power outages to provide backup power. To qualify for the deduction, the generator must be installed, inspected, located, and permitted according to applicable state and local laws.

New Jersey A2865 allows a gross income tax deduction for costs of purchasing and installing a whole house backup electrical generator for a resident.

New Jersey A2865 provides a gross income tax deduction for the costs of purchasing and installing a whole house backup electrical generator for a resident taxpayer's principal residence. This generator, powered by natural gas or liquid gas propane, must be permanently connected to the electrical system of a one or two-family residential structure and only operates during power outages to provide backup power. To qualify for the deduction, the generator must be installed, inspected, located, and permitted according to applicable state and local laws.