Allows gross income tax credit for portion of certain child care expenses.

This bill creates a New Jersey gross income tax credit for taxpayers who pay for licensed child care for children under six years old. The credit amount (15% to 20% of expenses) depends on the child care center's Grow NJ Kids rating (3 to 5 stars), with higher-rated centers offering larger credits. Taxpayers earning under $25,000 annually can receive the full credit as a cash refund if it exceeds their tax bill, while higher-income taxpayers may carry forward unused credit to the next tax year. The credit cannot be claimed alongside New Jersey's existing child and dependent care credit.