Allows certain redevelopers to be exempt from inactive alcoholic beverage licenses restriction.

This bill (S 4628) exempts certain alcohol licenses held by developers, redevelopers, or their tenants from a rule requiring inactive licenses to expire after two consecutive terms. It applies only to licenses tied to premises in designated redevelopment areas that meet two conditions: the area must cover at least 250,000 square feet and have secured municipal site plan approval. The exemption prevents these licenses from expiring due to inactivity while projects are being developed. This directly affects businesses and developers working on qualifying large-scale redevelopment projects in New Jersey.