NJ A3899

Creates a three-year pilot program providing tax credits against corporation business tax and gross income tax for commercial farm operators who donate fruits and vegetables fit for human consumption to New Jersey charitable organizations

Tax credit equals 50% of the wholesale value of donated produce, capped at $5,000 per farm operator per year, with total program credits limited to $100,000 annually across all participants

Commercial farm operators must obtain written statements from charitable organizations documenting each donation, then submit to the Department of Agriculture for approval before claiming credits

Secretary of Agriculture must establish and publish monthly wholesale values for produce and prepare annual reports on program utilization, including number of participants, total credits claimed, and recommendations on whether to continue the program

Eligible charitable organizations include 501(c)(3) nonprofits, organizations incorporated under New Jersey nonprofit statutes, and food banks as defined in state law