Provides gross income tax deduction for costs of purchasing and installing whole house backup electrical generator for resident taxpayer's principal residence.

S 1360 allows New Jersey resident taxpayers to deduct the full cost of purchasing and installing a qualifying whole-house backup generator at their primary residence from their gross income. The generator must be natural gas or propane-powered, permanently connected to the home's electrical system, and only activate during power outages, while meeting all state and local installation requirements. This tax deduction applies to one- or two-family residential properties and takes effect immediately upon enactment. The bill creates a direct financial incentive for homeowners to install backup power systems, focusing solely on the tax provision without specifying intended outcomes.