Allows municipalities to revoke and reissue plenary retail consumption licenses that are inactive for five years.

This bill allows New Jersey municipalities to revoke plenary retail consumption licenses (for on-premises alcohol sales) that have been inactive for five years and reissue them at public auction to new applicants. Currently, licensees could maintain inactive licenses by filing annual renewal requests for up to two years, but this extends the inactivity period before revocation. Exceptions let license holders affected by fire, eminent domain, or other casualty extend the inactivity period by filing an affidavit every two years and paying a $100 fee. The bill also repeals a prior law restricting such license sales to specific municipalities, now enabling all municipalities to sell inactive licenses at public auction.