Office of Legislative Services
State House Annex
P.O. Box 068
Trenton, New Jersey 08625
Legislative Budget and Finance Office
Phone (609) 847-3105
Fax (609) 777-2442
www.njleg.state.nj.us
LEGISLATIVE FISCAL ESTIMATE
SENATE, No. 1022
STATE OF NEW JERSEY
221st LEGISLATURE
DATED: JULY 31, 2024
SUMMARY
Synopsis: Establishes special license plates for honorably discharged veterans.
Type of Impact: Annual State revenue and expenditure increases.
Agencies Affected: New Jersey Motor Vehicle Commission.
Office of Legislative Services Estimate
Fiscal Impact Year 1 Thereafter
State Expenditure Increase $46,423 Indeterminate
State Revenue Increase Indeterminate Indeterminate
The Office of Legislative Services (OLS) finds that the bill will produce annual State revenue
and expenditure increases that may offset one another. The OLS cannot quantify the potential
annual increases because it is unclear how many applications the New Jersey Motor Vehicle
Commission will receive for the new honorably discharged veterans license plates.
BILL DESCRIPTION
This bill would require the Motor Vehicle Commission to issue special license plates to
honorably discharged veterans upon application of any person classified as a veteran.
In addition to other markings or identification otherwise prescribed by law, the license plates
are required to bear a design determined by the Adjutant General of the Department of Military
and Veterans’ Affairs, in consultation with the commission, bear the word “veteran,” and
designate, by name and insignia, the branch of the military in which the veteran served. The bill
requires a $15 application fee to obtain the special plates, in addition to the normal registration fee,
and the bill requires the commission to retain from the fees collected the necessary monies to
defray all costs incurred in producing and issuing the special license plates. The bill authorizes
the commission to promulgate rules and regulations governing the issuance and use of these plates
and to notify motorists of the opportunity to obtain the plates.
The bill also allows surviving spouses of deceased veterans to retain the special license plates
obtained by the deceased spouse. FE to S1022
2
FISCAL ANALYSIS
EXECUTIVE BRANCH
None received.
OFFICE OF LEGISLATIVE SERVICES
The OLS finds that the bill will produce annual State revenue and expenditure increases that
may offset one another. The OLS cannot quantify these potential annual increases because it is
unclear how many applications the commission will receive for the new specialty license plate.
The bill establishes the honorably discharged veterans license plate program in such a manner that
the commission may fully recover the expenses it incurs in administering the program because the
bill requires it to retain fees in an amount necessary to defray the costs incurred to produce and
issue the specialty license plates.
Motor Vehicle Commission: Computer Programming and Other Costs for New Plate Design
Description of Work Hours Total
Scope of Work Specifications 85 $11,197.41
Development 145 $16,255.45
System Testing 89.5 $10,033.54
Production Implementation 24 $2,705.47
Total Computer Programming Costs 343.5 $40,191.87
Plate Costs
Sample Plates (10 plates @$3.90 each) $39.00
Initial Acquisition Plates (900 plates @ $6.88 each) $6,192.00
Total Specialty License Plate Costs $46,422.87
In response to an FY 2025 OLS Discussion Point, the commission indicated that it faced an
upfront cost of $46,423 to establish a license plate program, which includes computer changes and
an initial print run of 900 license plates.
Section: Authorities, Utilities, Transportation and Communications
Analyst: Michael D. Walker
Assistant Fiscal Analyst
Approved: Thomas Koenig
Legislative Budget and Finance Officer
This legislative fiscal estimate has been produced by the Office of Legislative Services due to the
failure of the Executive Branch to respond to our request for a fiscal note.
This fiscal estimate has been prepared pursuant to P.L.1980, c.67 (C.52:13B-6 et seq.).