Expands eligibility for gross income tax credit to family caregivers of certain armed service members with physical disabilities.

This bill expands New Jersey's tax credit for family caregivers of veterans with service-connected disabilities by removing the requirement that a veteran's disability must have occurred during a conflict after September 11, 2001. The credit, equal to 100% of the veteran's federal disability compensation or $675 (whichever is less), now applies to caregivers of veterans whose disabilities arose from any active military service, provided the veteran meets other existing criteria: honorable discharge, VA total disability rating, and at least six months of residency in New Jersey with the caregiver. Caregivers must be New Jersey residents related within the third degree by blood, meet income limits ($50,000 for single filers or $100,000 for joint filers), and provide care to the veteran. The credit remains refundable and subject to the same administrative rules as under current law.