Provides gross income tax credit for A-list performing artists for income derived from certain live performances contracted for and rendered within the Atlantic City Tourism District on a recurring basis and within the State.

This bill provides a 100% gross income tax credit for "A-list" performing artists (determined annually by the Secretary of State based on national rankings) who perform live at least four times yearly within New Jersey's Atlantic City Tourism District. The credit covers income from these performances, effectively exempting it from state income tax when calculated at the highest marginal rate. It also allows the credit to apply to performances in other New Jersey locations. Taxpayers must obtain prior written approval from the Division of Taxation, with automatic approval if the process exceeds 90 days. The credit applies to taxable years beginning January 1, 2015, and later.