This bill mandates the creation of special license plates for qualified disabled veterans in New Jersey, allowing them to park in spaces designated for persons with disabilities. The license plates will feature the words "Disabled Veteran" and a wheelchair symbol, and there will be no cost for veterans to obtain these plates. The Chief Administrator of the New Jersey Motor Vehicle Commission is responsible for issuing these plates upon proper application and ensuring that they are not transferable, meaning they are exclusively for the use of the individual to whom they are issued.

Additionally, the bill stipulates that disabled veterans displaying their valid, unexpired qualified disabled veteran license plate are permitted to park in disability-restricted spaces without needing a separate disability identification card or placard. It also includes provisions for revoking the benefits associated with the license plate in cases of misuse or abuse. The act is set to take effect six months after its enactment, with the Chief Administrator authorized to take necessary actions for its implementation prior to that date.