Allows gross income tax deduction for union dues paid to labor organizations.

This bill allows New Jersey taxpayers to deduct union dues paid to qualifying labor organizations from their gross income when filing state taxes. It directly affects New Jersey residents who pay dues to labor organizations, including public employees. The key provision requires taxpayers to provide verification of dues paid to the Division of Taxation, with "union dues" defined to include fees, assessments, and other required charges. The deduction applies to taxable years starting January 1 after the bill's enactment.