Allows seasonal retail consumption alcoholic beverage license holder to exchange license for full-year consumption license.

This bill (A4860) allows seasonal retail consumption alcohol license holders in New Jersey to exchange their limited-season licenses for full-year licenses. Currently, seasonal licenses permit alcohol sales only during summer (May 1-November 14) or winter (November 15-April 30) seasons, but this bill would enable businesses to sell alcohol year-round on the same terms as full-year license holders. The conversion requires paying a fee based on the average price of full-year licenses in the municipality, with a maximum of $250,000, plus the regular annual license fee. The bill does not create new licenses but allows existing seasonal license holders to convert to full-year status without changing municipal license limits.