This bill amends existing laws to clarify that nonprofit corporations eligible for plenary retail consumption licenses for theaters can include disregarded entities, specifically single-member limited liability corporations that are disregarded for federal income tax purposes. The amendments apply to two sections of the law, allowing municipalities to issue these special licenses to nonprofit corporations exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. The licenses are intended for use in venues that regularly host musical or theatrical performances or concerts, with specific seating capacity requirements outlined for different types of licenses.

The bill also maintains the provisions regarding the sale of alcoholic beverages during performances and specifies that the licensed premises include both the performance venue and any adjacent properties owned by the licensee. Additionally, it clarifies the definition of "art-house movie theater" and ensures that licenses issued under these provisions do not count towards the total number of licenses regulated under existing laws. The act is set to take effect immediately upon passage.

Statutes affected:
Introduced: 33:1-19.7, 33:1-19.8