Provides tax credits equal to cost of Jersey Fresh products purchased by breweries and wineries to be used in production of beer or wine.

This bill provides tax credits to New Jersey breweries and wineries for purchasing Jersey Fresh products used in production. Businesses can claim a credit equal to the cost of qualifying Jersey Fresh commodities (verified through Department of Agriculture documentation), up to $10,000 per tax period. To qualify, applicants must submit receipts, verification of Jersey Fresh purchases, and an affidavit confirming the products were used in production. Unused credits may be carried forward for up to 20 years. The credit applies to both corporation business tax and gross income tax liabilities.