Bill > S1692

This bill authorizes the creation of a special "Support Our Veterans" license plate in New Jersey, with the proceeds from its sale dedicated to supporting homeless veterans' centers. The Chief Administrator of the New Jersey Motor Vehicle Commission, in consultation with the Department of Military and Veterans Affairs, will oversee the design of the plate, which will feature an emblem and words honoring veterans. To obtain one of these plates, individuals will pay an initial $50 fee, plus an annual $10 fee thereafter, in addition to standard vehicle registration costs. These additional fees will be deposited into a dedicated "Support Our Veterans License Plate Fund," managed by the Department of the Treasury. This fund will then be appropriated annually to the Veterans Haven Council, which provides services for veterans housed at the Veterans Haven facility. The bill also outlines provisions for the reimbursement of administrative costs incurred by the Motor Vehicle Commission in producing and publicizing the plates, with a cap on initial costs that can be offset by donations and contributions from the Veterans Haven Council or other designated entities, and specifies that the program will only become operational once certain conditions are met, including the collection of initial applications and funds to cover startup expenses.