Authorizes creation of special license plate honoring Phi Beta Sigma and Zeta Phi Beta.
Under the proposed legislation, applicants for these special license plates will be required to pay a one-time application fee of $50, along with an annual renewal fee of $10. The funds collected from these fees will be directed into the newly established "Phi Beta Sigma and Zeta Phi Beta License Plate Fund." This fund is designated to support the missions and programs of the involved organizations, thereby potentially enhancing their outreach and impact within the community.
Assembly Bill A5355 proposes the creation and issuance of special license plates that honor the Phi Beta Sigma Fraternity, Inc. and the Zeta Phi Beta Sorority, Incorporated. The bill authorizes the Chief Administrator of the New Jersey Motor Vehicle Commission to design these plates, which will feature unique emblems and slogans representing both organizations. The plates are intended for use on any motor vehicle registered in the state and will be subject to existing vehicle registration laws, with additional fees for their issuance.
Significantly, the bill prohibits the use of state or public funds to cover the initial costs associated with the creation of the license plate program. Instead, the Phi Beta Sigma and Zeta Phi Beta organizations must provide up to $25,000 in private funds to offset these costs, which includes designing and producing the plates and any necessary computer programming changes. This stipulation ensures that the organizations remain financially accountable for the promotion and implementation of the license plate program.