The proposed bill authorizes the issuance of special independent theater dispensing licenses for the sale of beer and wine at independent theaters in New Mexico. This new section of the Liquor Control Act allows owners or operators of independent theaters to apply for a license that permits the serving of wine and beer during movie screenings or other events. The bill outlines specific conditions, including that the service is limited to two twelve-ounce servings of beer or two six-ounce servings of wine per customer, and that the license is non-transferable. Additionally, the issuance of the license requires approval from the local governing body or option district.

The bill defines an "independent theater" as a business primarily focused on exhibiting movies or hosting live events, owned by a New Mexico resident or registered organization, and in operation for at least one year. It also mandates that individuals dispensing alcohol must hold a server permit and comply with existing alcohol regulations. The provisions of this act are set to take effect on July 1, 2025.