Provides CBT credit for development of anaerobic digestion facilities that process food waste.

This bill creates a tax credit for New Jersey businesses that develop and construct anaerobic digestion facilities processing food waste. Taxpayers can claim a credit equal to 50% of facility development costs, capped at $250,000 per facility, for six years. The total tax credits awarded statewide cannot exceed $15 million, and the credit applies against the corporation business tax. The bill defines "food waste" to include processing residues and used cooking oils but excludes donated food or consumer waste.