Authorizes creation of Combat Action Ribbon license plate.
Financially, the bill stipulates that there is a $50 application fee and an annual renewal fee of $10 associated with these special plates. Importantly, it establishes a 'Combat Action Ribbon License Plate Fund' where the fees collected will be allocated to benefit programs for combat veterans through the New Jersey Department of Military and Veterans' Affairs. The bill clearly delineates that no state funds will be utilized for the initiation of this program, requiring private contributions to cover initial implementation costs estimated not to exceed $25,000.
Assembly Bill A3170 introduces the creation of special Combat Action Ribbon license plates in New Jersey. The bill enables the Chief Administrator of the New Jersey Motor Vehicle Commission to issue these plates to vehicles owned or leased by individuals who hold the Combat Action Ribbon, thus serving as a form of recognition for their military service. The license plates will display specific wording and an emblem representative of the Combat Action Ribbon, which honors military personnel who engaged in ground or surface combat.
In essence, A3170 serves as a legislative effort to honor veterans by not only providing a tangible symbol of recognition through vehicle license plates but also by ensuring the funds raised contribute to wider support for veterans' programs. However, the reliance on private funding and the conditions surrounding the financial sustainability of the program could become focal points in future discussions following its introduction.
The bill also includes provisions to ensure that this program remains financially viable. If the average cost of producing the plates exceeds the application fee for two consecutive fiscal years, the Chief Administrator has the authority to discontinue this program. This aspect may lead to discussions around sustainability and public usage, potentially raising questions about the financial management of the initiative over the long term.