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Bill

Bill

S 2165

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

2026-2027 Regular Session Introduced by Jim Beach and 3 co-sponsors

New Jersey bill exempts registered historic diners/restaurants from sales tax and offers business tax credits to preserve cultural establishments while reducing state revenue.

Referred to Senate Budget and Appropriations Committee
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WeVote Research Nonpartisan
Bill Summary · S 2165

Legislative bill overview

The SODA POP Act provides sales and use tax exemptions and corporation business/gross income tax credits to historic diners and restaurants that are registered in a state online registry. The bill aims to incentivize the preservation and operation of these establishments by reducing their tax burden.

Why is this important

Historic diners and restaurants face rising operational costs and competition from newer establishments, making many financially vulnerable. Tax incentives can help these businesses survive while preserving cultural landmarks and local character that communities value. However, this represents foregone state tax revenue during a period when New Jersey faces significant fiscal pressures.

Potential points of contention

  • Revenue impact: The bill creates tax exemptions without specifying fiscal limits or sunset provisions, potentially costing the state an unknown amount in lost revenue
  • Definition and eligibility: The criteria for what qualifies as a "historic" diner or restaurant and the registry process could be subject to disputes or political favoritism
  • Equity concerns: Businesses not registered in the system receive no benefits, and it's unclear whether this tax break is the most efficient way to preserve these establishments versus direct grants or other mechanisms

Compiled from official sources — confirm details with the bill’s official record.

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