This bill proposes a gross income tax deduction for union dues paid by taxpayers to labor organizations in New Jersey. It allows taxpayers to deduct the total amount of dues, fees, assessments, or other charges required of members or public employees represented by a labor organization during the taxable year. The bill defines "labor organization" and "union dues" to clarify the scope of the deduction.

To claim this deduction, taxpayers must provide verification of the union dues paid, in a form and manner specified by the Director of the Division of Taxation. The bill is set to take effect immediately and will apply to taxable years beginning on or after January 1 following its enactment.