Bill > S3454

Introduced Session

This bill allows a municipality to issue two special permits to sell alcoholic beverages for consumption on the premises of a "qualifying development project." The bill defines a "qualifying development project" as a historic building that is located within a redevelopment area; at least 1,500,000 gross square feet; a multi-use or mixed use development project; and an architecturally significant structure. The bill also requires that the special permit be used in connection with a qualifying project for which an agreement has been entered into between a developer and a municipality pursuant to the "Long Term Tax Exemption Law," P.L.1991, c.431 (C.40A:20-1 et seq.). The application for the permit is to be submitted on an annual basis to the governing body of the issuing municipality. The annual fee for the permit is to be $25,000 for the first year of the permit's issuance and $15,000 for each year thereafter. For 15 years immediately following the initial issuance of the permit, the fee is to be distributed to the eligible municipality (20%) and the other licensees in the municipality (80%). Following the initial 15 year period, the entire fee is to be distributed to the eligible municipality. Finally, the special permit would not be subject to the population limitation that restricts a municipality from issuing more than one plenary retail consumption license for every 3,000 persons residing in that municipality.

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Declan O'Scanlon (R)*, 

Introduced in the Senate, Referred to Senate Law and Public Safety Committee (on 02/07/2019)