Authorizes special Ancient Order of Hibernians license plate.
Impact
The bill establishes a dedicated fund, the 'Ancient Order of Hibernians License Plate Fund,' where all fees collected from the issuance of these license plates will be deposited. The funds will be used to offset the costs associated with producing and issuing the plates and any necessary adjustments to computer systems. Moreover, the funds not used for these costs will be appropriated to the Ancient Order of Hibernians annually. This provision is aimed at ensuring the financial sustainability of the license plate program without relying on state or public funds for initial costs.
Summary
Bill S2672, sponsored by Senator Linda R. Greenstein, seeks to authorize the issuance of special license plates honoring the Ancient Order of Hibernians within New Jersey. The license plates will feature a design selected by the New Jersey Motor Vehicle Commission in consultation with the Ancient Order, which will include a slogan and emblem representing the organization. To obtain these special plates, applicants will need to pay a $50 initial fee upon application, followed by an annual renewal fee of $10 after the first year.
Contention
A significant stipulation in the bill is that the program will not commence until the Ancient Order of Hibernians secures a minimum of 500 applications and covers the initial costs of up to $25,000. This requirement has raised concerns about the feasibility of launching the program, especially considering the financial commitments from the organization. Critics may argue that this places undue burden on the nonprofit organization to generate sufficient interest and financial backing before the program even begins.