Allows gross income tax credit for volunteer firefighters.

This bill creates a $500 gross income tax credit for New Jersey volunteer firefighters who meet specific eligibility requirements. To qualify, a taxpayer must have been an active member of a volunteer fire company or part-paid fire department for the entire current tax year plus the prior two years. The credit reduces state income tax liability but cannot lower it below zero. It applies to taxable years beginning after the bill's enactment date.