"Saving Our Diners and Protecting Our Past (SODA POP) Act"; provides sales and use tax exemption and corporation business and gross income tax credits for historic diners and restaurants included on annual registry.

This bill, the "Saving Our Diners and Protecting Our Past (SODA POP) Act," provides tax incentives for historic diners and restaurants in New Jersey. To qualify, establishments must have operated continuously for at least 25 years (including pandemic closures), be family-owned small businesses, and comply with health/safety rules. Approved businesses gain a sales tax exemption on prepared food and beverages for on-site consumption and a tax credit certificate for corporate business/gross income taxes. The Division of Travel and Tourism maintains an annual registry, requiring operators to apply yearly for inclusion. This directly benefits qualifying historic eateries by reducing their tax burden.