This bill amends existing laws to clarify that nonprofit corporations eligible for plenary retail consumption licenses for theaters also 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 licenses to nonprofit corporations exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. The licenses are intended for entities that regularly operate as art-house movie theaters or conduct musical or theatrical performances or concerts, with specific seating capacity requirements for the licensed premises.

The bill specifies that the licenses authorize the sale of alcoholic beverages during designated times surrounding performances and clarifies the definition of "licensed premises" to include adjacent properties owned by the licensee. Additionally, it maintains that licenses issued under these provisions will not count towards the total number of licenses under existing laws. The changes aim to support nonprofit arts organizations by expanding their ability to serve alcohol at performances, thereby enhancing their operational viability and community engagement.

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