Allows NJ gross income tax deduction for charitable contributions of food made from business inventory.

This bill (A2663) allows New Jersey taxpayers to deduct charitable contributions of food from business inventory on their state gross income tax return. It directly affects businesses that donate food (meeting quality standards but not readily marketable due to appearance, age, or other conditions) to IRS-qualified charities. The deduction mirrors the federal tax deduction for such contributions as it existed in 2013, applying regardless of whether the taxpayer claims the federal itemized deduction. The policy change simplifies state tax treatment for businesses donating excess food inventory to charities, aligning New Jersey's law with federal practice.