Allows gross income tax deduction for amounts paid for removal of lead, asbestos, sodium, chloride, and other contaminants from taxpayer's property.

Summary

The proposal creates a gross‑income tax deduction for New Jersey residents who pay for lead, asbestos, or certain water‑contaminant cleanup and replacement work on their primary home, owner‑occupied house, or rental unit. The deduction is capped at $45,000 per year and is available to all income levels, with documentation requirements to verify the work. It aims to ease the financial burden of hazardous‑material abatement and contaminated‑well remediation.

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