Provides gross income tax credits for portion of homeowners' association payments used in fund infrastructure improvements within common interest communities.

This bill creates a refundable tax credit for New Jersey homeowners who pay homeowners' association (HOA) fees used for infrastructure improvements in their community. It provides a credit equal to 18% of qualifying HOA assessments paid for primary residences within common interest communities (like condos, co-ops, or planned developments). Homeowners must submit an HOA-issued certification verifying the infrastructure portion of their payments when filing taxes. If the credit exceeds tax liability, the excess is paid as a refund, and eligibility applies regardless of property tax status or PILOT agreements.