Provides gross income tax exclusion for distributions from individual retirement accounts to qualified charitable organizations.

This bill would provide a New Jersey gross income tax exclusion for distributions from both Roth and traditional individual retirement accounts (IRAs) that are made to qualified charitable organizations. It would exempt these charitable distributions from New Jersey's gross income tax calculations, benefiting taxpayers who support 501(c)(3) charities through their retirement accounts. The exclusion would apply to distributions that would otherwise be taxable under state law, potentially increasing the amount of funds available for charitable causes. The bill amends New Jersey tax code to implement this change, aligning with federal tax treatment for such distributions. This policy would specifically affect New Jersey residents with IRAs who make charitable contributions from those accounts.