New Jersey Senate Bill S1852

New Jersey 2022-2023 Regular Session

• Introduced: 2/28/22
• Refer: 2/28/22

Caption

Permits municipalities to hold certain inactive liquor licenses reserved for smart growth developments for an additional five years.

Impact

The impact of S1852 potentially broadens the capacity of municipalities to manage liquor licenses as they relate to smart growth projects. By allowing an additional five year extension for holding inactive licenses, municipalities are given more time to leverage these licenses in the hope of ensuring that these licenses are used in accordance with smart growth development goals. This could also encourage further development and investment in designated areas, addressing the needs of urban communities and promoting economic activity.

Summary

Senate Bill S1852 permits municipalities in New Jersey to hold certain inactive plenary retail consumption licenses for an additional five years. This legislation is particularly targeted at municipalities located in urban enterprise zones and designated metropolitan planning areas. Under the existing law (P.L.2007, c.351), these municipalities are allowed to acquire inactive liquor licenses, which are essential for establishments such as bars and restaurants, specifically for developments categorized as smart growth projects. The proposed amendment aims to extend the holding period of these licenses in an inactive state.

Contention

While the bill is positioned as a benefit to municipalities and developers, it may face opposition from various stakeholders. Concerns might arise regarding the implications of extending the inactivity period for liquor licenses, as this could influence local competition among businesses and impact community planning efforts. Critics might argue that extending the time for inactive licenses could hinder opportunities for new businesses to enter the market, thus affecting local economies adversely. The bill's proponents, however, are likely to rally around the argument that it fosters sustainable growth and development in urban areas.