This bill amends current law by removing the time limitation on the issuance of special alcoholic beverage licenses within the boundaries of former federal military installations, specifically in project areas designated for redevelopment. Previously, municipalities were required to issue these special licenses within 36 months of the law's effective date, and if not issued, had an additional two years to transfer the license to another municipality. The bill eliminates these deadlines, allowing municipalities more flexibility in issuing or transferring licenses for establishments such as hotels, restaurants, and bars located within the project area.

The special licenses are intended to facilitate the sale of alcoholic beverages for consumption on the premises and are allocated based on the population of the host municipalities involved. The bill maintains the structure for issuing these licenses, which includes a specific number of licenses based on the population of each municipality and the requirement for a fair market value appraisal if fewer than three licenses have been sold in the past five years. Overall, this legislation aims to support the revitalization of areas previously occupied by military installations by easing restrictions on the issuance of alcoholic beverage licenses.

Statutes affected:
Introduced: 33:1-12.52