Makes various revisions to alcoholic beverage licensing laws pertaining to certain retailers and manufacturers; provides tax credit under corporate business tax and gross income tax to certain retail licensees.

This bill revises New Jersey's alcoholic beverage licensing laws to provide new opportunities for craft beverage manufacturers and streamline retail licensing. It allows limited brewery, winery, distillery, and cidery license holders to sell food, operate restaurants, coordinate with food vendors, and host unlimited events on and off their premises, removing the previous requirement for customers to take a tour to purchase on-site beverages. The bill also gradually eliminates population-based restrictions on new plenary retail consumption licenses (bars/restaurants), reducing the limit from 1 license per 3,000 residents to no limit after 2029. Additionally, it provides tax credits of $30,000 to $50,000 for existing plenary retail license holders based on their taxable sales volume over the previous three years. These changes aim to support New Jersey's alcohol industry by expanding business options and reducing regulatory barriers.