Allows gross income tax credit for portion of certain child care expenses.

This bill creates a New Jersey gross income tax credit for eligible families paying child care costs at licensed centers rated under the state's Grow NJ Kids program. The credit equals 15% of expenses for 3-star centers, 17.5% for 4-star centers, and 20% for 5-star centers, applying to children under six enrolled at such facilities. Taxpayers with less than $25,000 in gross income receive a refundable credit (meaning they get cash if the credit exceeds their tax bill), while higher-income taxpayers can carry forward unused credit to the next year. The credit cannot be claimed alongside New Jersey's existing child and dependent care credit.