This bill amends R.S.39:3-27 to exempt veterans organizations chartered under federal law from motor vehicle registration fees for vehicles not used for pleasure or hire. Currently, only specific state and local government entities, as well as certain civic organizations, are exempt from these fees. The new legal language includes the addition of veterans organizations to the list of exempt entities, alongside other organizations such as local councils of the Boy Scouts and Girl Scouts, Boys and Girls Clubs of America, and nonprofit organizations providing transportation services to individuals with developmental disabilities.

The bill aims to recognize and support veterans organizations by alleviating the financial burden of motor vehicle registration fees, thereby promoting their operational capabilities. The act is set to take effect immediately upon passage.