Assembly Commerce, Economic Development and Agriculture Committee Statement to Assembly, No. 5758 (2026)

Summary

An Assembly Commerce, Economic Development and Agriculture Committee statement to Assembly, No. 5758, State of New Jersey, dated January 5, 2026, reporting the bill favorably. The bill authorizes the Chief Administrator of the New Jersey Motor Vehicle Commission to issue special Lambda Theta Alpha Latin Sorority, Inc. license plates, with an application fee of $50 and an annual renewal fee of $10. After implementation costs, the fees would go to the "Lambda Theta Alpha Latin Sorority, Inc. License Plate Fund" and be appropriated annually to the organization. The Northeast Regional Board of Lambda Theta Alpha would contribute non-public monies, not to exceed $25,000, toward initial costs, and the commission need not issue the plates until it has those funds and a minimum of 500 completed applications.

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ASSEMBLY COMMERCE, ECONOMIC DEVELOPMENT AND AGRICULTURE
COMMITTEE

STATEMENT TO

ASSEMBLY,
No. 5758

STATE
OF NEW JERSEY

DATED: JANUARY
5, 2026

The Assembly Commerce, Economic Development and
Agriculture Committee reports favorably Assembly Bill No. 5758.

This bill authorizes the Chief Administrator (chief
administrator) of the New Jersey Motor Vehicle Commission (commission) to issue
special Lambda Theta Alpha Latin Sorority, Inc. (Lambda Theta Alpha) license
plates.

The bill provides that the design of the Lambda Theta
Alpha license plate is to display appropriate words or a slogan and an emblem
honoring Lambda Theta Alpha. The chief administrator, in consultation with the
Northeast Regional Board of Lambda Theta Alpha, is to select the design and
color scheme of the Lambda Theta Alpha license plates.

In addition to all fees otherwise required by law for
the registration of a motor vehicle, there is an application fee of $50 and an
annual renewal fee of $10 for the Lambda Theta Alpha license plates. After
deducting the costs to implement the plates, the additional fees are to be
deposited into a special non-lapsing fund known as the “Lambda Theta Alpha
Latin Sorority, Inc. License Plate Fund.” The proceeds of the fund are to be
annually appropriated to Lambda Theta Alpha to be used to support the organization’s
mission and programs.

The chief administrator is required to annually
certify the average cost of producing, issuing, renewing, and publicizing the
availability of the specialty license plates. If the average cost per plate
exceeds $50 in two consecutive fiscal years, the chief administrator may
discontinue the Lambda Theta Alpha license plate program. The bill also
requires the Northeast Regional Board of Lambda Theta Alpha to appoint a
liaison to represent the Northeast Regional Board of Lambda Theta Alpha in all
communications with the commission regarding the Lambda Theta Alpha license
plates.

The bill provides that State or other public funds are
not to be used by the commission for the initial cost to implement the Lambda
Theta Alpha license plate program. The bill requires the Northeast Regional
Board of Lambda Theta Alpha, or an individual or entity designated by the
Northeast Regional Board of Lambda Theta Alpha, to contribute non-public
monies, not to exceed $25,000, to offset the initial costs to design, produce,
issue, and publicize the license plates and for computer programming changes
that may be necessary to implement the program. The bill authorizes the
Northeast Regional Board of Lambda Theta Alpha to receive funds from private
sources to offset the initial costs.

The commission is not required to design, produce,
issue, or publicize the availability of the Lambda Theta Alpha license plates
until: (1) the Northeast Regional Board of Lambda Theta Alpha, or the
individual or entity designated by the Northeast Regional Board of Lambda Theta
Alpha, has provided the commission with the money necessary to offset the
initial costs incurred by the commission in establishing the Lambda Theta Alpha
license plate program; and (2) the Northeast Regional Board of Lambda Theta Alpha
liaison has provided the commission with a minimum of 500 completed
applications for the Lambda Theta Alpha license plates.

The provisions of the bill will remain inoperative
until the first day of the seventh month after the appropriate applications and
fees required to offset the initial costs incurred by the commission are
provided to the commission. The bill expires on the last day of the 12th month
if sufficient applications and fees to offset the initial costs are not
received by that date.

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