Provides corporation business and gross income tax credit for certain Pre-Broadway and Post-Broadway theater productions.

This bill creates a 35% tax credit against New Jersey corporation business and gross income tax for production companies staging pre-Broadway or post-Broadway theater shows at qualifying venues (350+ seats). The credit covers eligible production costs like sets, costumes, payroll, and advertising, up to a $10 million annual cap. Companies must apply to the New Jersey Economic Development Authority with details about their production, venue, and expenses, and the credit cannot reduce taxes below the state’s minimum. It directly affects theater production companies seeking to offset costs for shows targeting or following Broadway runs.