This bill establishes a requirement for parking areas with 100 or more spaces to allocate at least five percent of those spaces for hybrid, electric, and alternative fuel vehicles. These designated spaces must be the most accessible after those reserved for handicapped individuals and will be marked with green paint and signage stating "Hybrid and Alternatives Parking Only." The bill also mandates that the Chief Administrator of the New Jersey Motor Vehicle Commission issue window stickers to identify eligible vehicles, with specific fuel efficiency standards outlined for obtaining these stickers. Vehicles that do not meet the criteria will not be allowed to park in these designated spaces, and violators will face fines of up to $250.

The legislation is set to take effect 19 months after enactment and will remain in effect for a period of 10 years. During this time, the Chief Administrator is tasked with providing the Legislature with information regarding the implementation and effectiveness of the program. The bill aims to promote the use of environmentally friendly vehicles by providing them with convenient parking options while ensuring compliance through the issuance of identification stickers.