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 bill adds public institutions of higher education, as defined in N.J.S.18A:62-1, to the list of entities that are exempt from this fee, which already includes various government bodies and nonprofit organizations.

The current law outlines the registration process for these exempt vehicles, including the issuance of special registration certificates and number plates by the chief administrator. The bill maintains the existing provisions regarding the registration period and the return of certificates and markers upon expiration or nonrenewal, while specifically including public institutions of higher education in the exemption. This change aims to alleviate financial burdens on these institutions, aligning them with other exempt entities.