Authorizes South Jersey Vietnam Veterans' Association license plates with proceeds to veterans' and emergency management operations.
Impact
The funds collected from the sale of these license plates will be directed into the South Jersey Vietnam Veterans' Association License Plate Fund. This fund is created to provide financial support equally to the Department of Military and Veterans Affairs and the Emergency Management Section of the New Jersey State Police, ensuring that the money directly benefits those who serve the community in various capacities, specifically veterans and first responders.
Summary
Bill A2128 introduces a new series of special license plates for the South Jersey Vietnam Veterans' Association, aiming to honor veterans while generating funds for veteran organizations and local emergency services. The New Jersey Motor Vehicle Commission is tasked with issuing these plates, which will feature a personalized design approved in consultation with veterans' representatives. For these special plates, an application fee of $50 will be charged, along with a $10 annual renewal fee.
Contention
While the bill generally has supportive acclaim for its intent to honor veterans, some concerns may arise regarding the management of the fund and the potential administrative costs that could impact how much money is actually available for distribution. If the average cost of maintaining the plates exceeds the application fee for two consecutive years, the New Jersey Motor Vehicle Commission has the authority to discontinue the issuance of these plates, adding an element of financial scrutiny that stakeholders must consider.