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 Chief Administrator of the New Jersey Motor Vehicle Commission is responsible for issuing these plates, which will feature the words "Disabled Veteran" and a wheelchair symbol. There will be no cost for veterans to obtain these plates, and they are non-transferable, meant solely for the individual to whom they are issued.

Additionally, the bill stipulates that disabled veterans displaying these license plates are exempt from needing a separate disability identification card or any other special placards typically required for parking in designated spaces. It also includes provisions for revoking the benefits associated with the license plate if there is any misuse or abuse of the privileges granted. The act is set to take effect six months after its enactment, with the Chief Administrator authorized to take necessary preparatory actions in advance.