,i  #aaith ,,congress  #b;d ,session    
,h4 ,r4 #hfee  ,,in ,,the ,,house ,,of  
,,representatives  ,may #d1 #bjbf,mr4   
,gottheimer 7for himself and ,ms4 ,pou7 
introduced the following bill2 which was
 referred to the ,committee on ,ways and
 ,means1 and in addition to the         
,committee on ,transportation and       
,infrastructure1 for a period to be     
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to amend the ,internal      
,revenue ,code to create a tax credit   
for taxpayers selling products that     
promote ,new ,jersey and to direct port 
authorities to give retail space        
preference to businesses that sell such 
products4  #a4 ,short title ,this ,act  
may be cited as the ,jersey ,pride ,tax 
,credit ,act of #bjbf4  #b4 ,jersey     
pride tax credit  7a7 ,new ,jersey      
promotion tax credit ,subpart ,d of part
 ,,iv of subchapter ,a of chapter #a of 

the ,internal ,revenue ,code of #aihf is
 amended by adding at the end the       
following new section3  #de;,,bb4       
,jersey pride tax credit  7a7 ,in       
general ,for the purposes of section    
#ch1 the ,jersey pride tax credit is an 
amount equal to #be percent of the      
aggregate amount for which the taxpayer 
sold eligible products in the course of 
the trade or business of the taxpayer to
 unrelated parties during the taxable   
year4  7b7 ,eligible product ,in this   
section1 the term eligible product means
 any product that promotes the ,state of
 ,new ,jersey4  4  7b7 ,credit made part
 of general business credit ,section #ch
 of subpart ,d of part ,,iv of          
subchapter ,a of chapter #a of the      
,internal ,revenue ,code of #aihf1 is   
amended-- 7#a7 by striking plus at the  
end of paragraph 7#dj71  7#b7 by        
striking the period at the end of       
paragraph 7#da7 and inserting 1 plus1   
and  7#c7 by adding at the end the      
following new paragraph3  7#db7 the     

,jersey pride tax credit determined     
under section #de;,,bb4  4  7c7         
,clerical amendment ,the table of       
sections for subpart ,d of part ,,iv of 
subchapter ,a of chapter #a of such     
,code is amended by adding at the end   
the following new item3  ,sec4 #de;,,bb4
 ,jersey pride tax credit4  4  7d7      
,effective date ,the amendment made by  
this section shall apply to products    
sold after ,december #ca1 #bjbe4  #c4   
,port ,authority preference ,in renting 
a commercial space to a business1 a port
 authority 7as defined in section #cdj4b
 of title #df1 ,code of ,federal        
,regulations7 shall give preference to  
any business that sells an eligible     
product 7as defined in section #de;,,bb 
of the ,internal ,revenue ,code of      
#aihf74