Provides CBT credit for development of anaerobic digestion facilities that process food waste.

This bill (A3577) provides a tax credit against New Jersey's corporation business tax for businesses developing anaerobic digestion facilities that process specific types of food waste. The credit covers up to 50% of development costs or $250,000 per facility, whichever is lower, with a total statewide cap of $15 million across all qualifying facilities. To qualify, businesses must apply for certification proving the facility processes defined food waste (excluding donated food or consumer waste) and submit cost documentation to the Environmental Protection Commissioner. The credit is available for six years and requires a report on the program's effectiveness after six years.