This bill proposes the establishment of a gross income tax credit for taxpayers who incur expenses on postage when sending parcels as priority mail to members of the United States Armed Forces and the National Guard stationed away from home. Specifically, the credit will equal the amount spent on United States Postal Service postage for these parcels, and it will be applied against the taxpayer's liability under the New Jersey Gross Income Tax Act after all other credits and payments have been accounted for. If the credit exceeds the tax liability, the excess will be treated as an overpayment, although certain provisions regarding overpayments will not apply.

The intent of this legislation is to alleviate the financial burden associated with sending care packages to military personnel, thereby encouraging families and friends to maintain connections with their loved ones serving in the military. By providing this tax credit, the bill aims to reduce the cost barrier that may prevent individuals from sending items that can boost the morale of service members experiencing homesickness while deployed. The act is set to take effect immediately, with the provisions applying to taxable years beginning on or after January 1 following the date of enactment.