A567

Establishes a dedicated fund for veteran obituaries in New Jersey, allowing taxpayers to deduct donations.

The bill establishes the "Veteran Obituary Fund" within the Department of the Treasury to cover the costs of veteran obituaries. Donations to the fund can be deducted from gross income, up to $50,000 per taxable year. For donations exceeding $500, an independent appraisal of the property's fair market value is required. The fund will be administered by the State Treasurer and will receive contributions from various sources, including donations, grants, and state appropriations.