Creates pilot program to provide corporation business tax and gross income tax credits for value of certain fruit and vegetable donations made by commercial farm operators.*

This bill creates a pilot program offering tax credits to New Jersey commercial farms that donate edible fruits and vegetables to local charities. Specifically, farm operators can claim a 50% credit against their state business tax or income tax for the wholesale value of donations (capped at $5,000 per year), provided they obtain written documentation from the charity verifying the donation details. The program runs from 2024 through 2028, with an annual limit of $100,000 in total credits across all participating farms. It directly affects commercial farm operators who donate produce to qualifying charities, including 501(c)(3) organizations and food banks within New Jersey.