Provides gross income tax deduction for certain donated vehicles.

This bill allows New Jersey taxpayers to deduct the fair market value of cars, boats, or planes they donate to law enforcement agencies (like police departments or state police) from their state income tax. To claim a deduction over $500, donors must provide an independent appraisal, and agencies must give written confirmation including vehicle details and value. The deduction cannot reduce taxable income below zero, and agencies are not required to accept donated vehicles.