Provides corporation business tax and gross income tax credits for employing immediate family members of members of the Armed Forces of the United States who were killed in action.

This bill provides New Jersey business and income tax credits to employers who hire immediate family members (spouse, child, or parent) of military service members killed in action. Employers receive a 10% credit on wages paid to eligible family members, capped at $1,200 per person per tax year, for full-time employment lasting at least nine consecutive months. The credit is nonrefundable but can be carried forward for up to 20 years and cannot be combined with other state tax credits for the same wages. It directly affects New Jersey businesses that hire qualifying family members of fallen service members, offering financial incentive for sustained employment.