Provides temporary corporation business tax and gross income tax credits for certain employer-provided child care expenditures.

This bill provides a temporary tax credit for New Jersey businesses that build or improve child care facilities for their employees' children. Businesses can claim a credit equal to 50% of up to $50,000 in qualifying expenses for real property used to operate a child care center primarily serving employees' children. To qualify, businesses must agree to use the facility for 60 consecutive months and submit documentation to the state tax authority. Failure to maintain the facility as required (without exceptions like disasters) triggers repayment of the credit plus interest.