Provides gross income tax deduction for costs of purchasing and installing whole house backup electrical generator for resident taxpayer's principal residence.

This New Jersey bill (A2865) allows resident homeowners to deduct the full cost of purchasing and installing a qualifying whole-house backup generator at their primary residence from their gross income tax. The generator must be permanently connected, run on natural gas or propane, operate only during power outages, and comply with all state and local installation regulations. It directly affects New Jersey homeowners who own a primary residence and install such a generator, providing a tax benefit for these expenses. The deduction applies to the year the generator is purchased and installed, and the bill takes immediate effect.