New Jersey S1429 allows municipalities to transfer inactive alcoholic beverage retail licenses for use in redevelopment and revitalization areas.
New Jersey S1429 establishes procedures for transferring inactive alcoholic beverage retail licenses between municipalities for use in redevelopment and revitalization areas. The bill defines "redevelopment, improvement, or revitalization area" as urban enterprise zones, downtown business improvement zones, pedestrian malls, transit-oriented developments, and areas in need of rehabilitation or redevelopment. The bill outlines a process for transferring licenses, including public notice, bidding, and approval by both sending and receiving municipalities.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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