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NJ A3613
Bill
Status
1/13/2026
Primary Sponsor
Louis Greenwald
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AI Summary
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Creates a state registry of "historic diners" (25+ years continuous operation, small business, code-compliant) and "historic restaurants" (same criteria plus family-owned) maintained by the Division of Travel and Tourism
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Provides a 12-month sales and use tax exemption on prepared food and beverages sold at registered historic diners and restaurants
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Establishes a tax credit equal to 10% of eligible ingredient costs for historic diner and restaurant operators, capped at $25,000 per year against corporation business tax or gross income tax
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Allows tax credits to be carried forward for up to seven years or transferred/sold to other taxpayers for use against their tax liabilities
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Requires the Division of Taxation to issue sales tax exemption certificates and tax credit certificates to operators upon approval by the Division of Travel and Tourism
Legislative Description
"Saving Our Diners and Preserving Our Past (SODA POP) Act"; provides sales and use tax exemption and corporation business and gross income tax credits for historic diners and historic restaurants included in online registry.
Appropriations
Last Action
Reported out of Asm. Comm. with Amendments, and Referred to Assembly Appropriations Committee
3/9/2026