This bill amends R.S.39:3-27 to exempt public institutions of higher education from the motor vehicle registration fee for vehicles not used for pleasure or hire. The new legal language specifies that public institutions of higher education, as defined in N.J.S.18A:62-1, will be included among the entities that do not have to pay this fee. This exemption aligns with existing provisions that already apply to various government entities and civic organizations.
The bill clarifies the definition of public institutions of higher education to include state colleges, county colleges, public junior colleges, and other authorized educational institutions. By extending the registration fee exemption to these institutions, the legislation aims to alleviate financial burdens on public higher education entities, allowing them to allocate resources more effectively. The act is set to take effect immediately upon passage.