Provides corporation business and gross income tax credits for acquisition of qualified farming equipment.

S 4095 creates a tax credit for New Jersey businesses that purchase qualified farming equipment, such as machinery used in crop production, livestock care, or dairy operations. The credit equals 10% of the equipment cost, but cannot exceed 25% of the business's annual tax liability. To claim the credit, businesses must obtain certification from the Secretary of Agriculture confirming they operate in an eligible farming activity (defined broadly to include crops, livestock, dairy, and other agricultural products) and acquired qualifying equipment. Unused credit can be carried forward for up to seven years if not fully applied in the current tax year.