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NJ S742
Bill
Status
Passed
4/22/2025
Primary Sponsor
Patrick Diegnan
Click for details
AI Summary
- Exempts certain Class C alcoholic beverage licenses from the two-year inactive license expiration requirement under New Jersey law
- Applies to licenses held by developers, redevelopers, or their affiliates and tenants for use in redevelopment, improvement, or revitalization areas
- Requires the qualifying redevelopment area to encompass at least 250,000 square feet and have secured municipal site plan approvals
- Excludes exempt licenses from the quartile-based transfer schedule that applies to other inactive licenses placed on inactive status before P.L.2023, c.290
- Takes effect immediately upon enactment
Legislative Description
Appropriates unexpended funds from "New Jersey Bridge Rehabilitation and Improvement and Railroad Right-of-way Preservation Bond Act of 1989."
Bills and Joint Resolutions Signed by the Governor
Last Action
Approved P.L.2025, c.42.
4/22/2025
Committee Referrals
Appropriations9/19/2024
Transportation and Independent Authorities6/28/2024
Budget and Appropriations6/3/2024
Transportation1/9/2024
Full Bill Text
No bill text available