Provides CBT credit for construction or retrofitting of warehouse to meet certain green building standards.

This bill provides a 25% tax credit against New Jersey's Corporation Business Tax for businesses that construct new warehouses or retrofit existing warehouses to meet specific green building standards. To qualify, warehouses must achieve at least a silver rating under the LEED Green Building Rating System, a two-globe rating under the Green Globes Program, or a comparable national standard. Businesses must obtain an eligibility certificate from the Department of Community Affairs, including certification from a licensed architect or engineer confirming the warehouse meets the green standards. The credit cannot exceed 50% of a business's annual tax liability and can be carried forward for up to seven years if not fully utilized in the current tax year.