New Jersey A3190 allows a tax deduction for charitable food contributions from business inventory under the state's gross income tax.

New Jersey A3190 permits a deduction from gross income for charitable contributions of food made from business inventory. This deduction mirrors the federal tax treatment and applies to contributions accepted by an organization eligible for tax-deductible charitable contributions. The deduction is available regardless of whether the federal itemized deduction is taken by the taxpayer. The bill takes effect immediately for taxable years beginning on or after January 1 following its enactment.

New Jersey A3190 allows a tax deduction for charitable food contributions from business inventory under the state's gross income tax.

New Jersey A3190 permits a deduction from gross income for charitable contributions of food made from business inventory. This deduction mirrors the federal tax treatment and applies to contributions accepted by an organization eligible for tax-deductible charitable contributions. The deduction is available regardless of whether the federal itemized deduction is taken by the taxpayer. The bill takes effect immediately for taxable years beginning on or after January 1 following its enactment.