Authorizes creation of New Jersey Maritime Museum license plates.
The bill implements an application fee of $50 for the New Jersey Maritime Museum license plates, along with an annual renewal fee of $10. The establishment of a non-lapsing 'New Jersey Maritime Museum License Plate Fund' is central to the bill, where the proceeds from the fees will be deposited to support the museum's operating expenses. However, it's important to note that state or public funds cannot be used for initial implementation costs, which must be covered by private contributions, capped at $25,000. This funding structure promotes financial independence for the museum.
Bill A1770 authorizes the Chief Administrator of the New Jersey Motor Vehicle Commission to issue special license plates representing the New Jersey Maritime Museum. The design of these plates will feature slogans and emblems that indicate support for the museum, and the Chief Administrator will collaborate with the museum to select the design and color scheme. The introduction of this bill aims to promote the museum's visibility and support its financial needs, as proceeds from the license plate fees will directly benefit the museum.
One notable point of contention surrounding Bill A1770 includes the stipulation that if the average cost of producing the license plates exceeds $50 in two consecutive fiscal years, the Chief Administrator may discontinue the program. This provision raises questions about the sustainability of the license plate program, especially concerning public interest and demand. Furthermore, the requirement for the museum to collect at least 500 applications before the program can commence places a significant burden on the museum, highlighting potential challenges in grassroots support and marketing efforts.