Provides gross income tax credit to qualified caregivers for care and support expenses incurred for qualifying relative or individual with disabilities.

S 1199 would create a New Jersey tax credit of up to $2,500 annually for residents who provide care to a qualifying relative (65+ or meeting disability criteria) or to an individual with a documented disability. The credit covers documented expenses like home modifications, medical equipment, in-home care services, and transportation for medical needs. Caregivers must submit receipts, proof of payment, and verification of care to claim the credit, which can be used alongside a dependent tax deduction. Any unused credit reducing tax liability to zero would be refunded as an overpayment.