Bill > A532

This bill authorizes the creation of a special "Support Our Veterans" license plate in New Jersey, with the proceeds from its sale designated to support homeless veterans' centers. The Chief Administrator of the New Jersey Motor Vehicle Commission will oversee the issuance of these plates, which will feature a design chosen in consultation with the New Jersey Department of Military and Veterans Affairs. To obtain one of these plates, individuals will pay an initial $50 application fee and an annual $10 renewal fee, in addition to standard registration costs. These additional fees will be deposited into a dedicated "Support Our Veterans License Plate Fund," managed by the Department of the Treasury. The funds from this account will be annually appropriated to the Veterans Haven Council, an entity within the Department of Military and Veterans' Affairs, to support services for veterans housed at the Veterans Haven facility. The bill also outlines provisions for reimbursing the Motor Vehicle Commission for administrative costs associated with producing and publicizing the plates, with a cap on initial expenses, and requires the Veterans Haven Council to secure funding to offset these initial costs before the plates can be issued. The program will become operational after specific conditions are met, including the collection of initial applications and funding for startup costs, and will expire if these conditions are not satisfied within a year of enactment.