Establishes loan program and provides corporation business tax and gross income tax credits for establishment of new vineyards and wineries.

S 107 creates a 10-year pilot program offering low-interest loans (up to 5% annual interest, 10-year terms) and tax credits (25% of qualified costs) to support new vineyards and wineries in specific New Jersey counties. The loan program, administered by the New Jersey Economic Development Authority, covers costs like land preparation and grape vines (excluding equipment), while the tax credit applies to new vineyard/winery establishment or capital improvements in eligible counties (defined as third-class counties with >150,000 population and at least three existing wineries). Both provisions aim to increase commercial vineyard acreage and winery operations in targeted areas. The bill directly affects farmers and winery owners seeking to expand or establish operations in qualifying counties.