This bill allows taxpayers in New Jersey to deduct charitable contributions made to qualified New Jersey-based charitable organizations from their gross income during a specified exclusion period related to public health emergencies. The deduction is capped at $10,000 for married taxpayers filing jointly or heads of households, and $5,000 for single filers, married individuals filing separately, or surviving spouses. The bill defines "qualified New Jersey-based charitable organization" as those registered under the Charitable Registration and Investigation Act or exempt from its requirements, provided they maintain an office, employ individuals, and offer services within the state.

The exclusion period is defined as the duration of the Public Health Emergency declared by the Governor in Executive Order No. 103 of 2020, as well as any future public health emergencies declared by the Governor, extending for 30 days after the conclusion of such emergencies. This legislation aims to encourage charitable giving during times of public health crises by providing tax relief to donors. The bill is set to take effect immediately and will apply to contributions made on or after January 1, 2021.