The bill introduces comprehensive regulations for the sale, lease, rental, and distribution of low-speed electric bicycles and motorized bicycles in New Jersey. It amends the definition of "low-speed electric bicycle" to include two or three-wheeled vehicles with fully operable pedals and an electric motor of less than 750 watts, establishing classifications for "class 1" and "class 2" based on their operational characteristics. A new definition for "motorized bicycle" is also introduced, specifying that it must not have a motor capable of exclusively propelling the bicycle and must have a maximum speed of 28 miles per hour. The bill further clarifies the distinctions between these vehicle types, ensuring that motorized bicycles with electric motors are not classified as low-speed electric bicycles or scooters.

In addition to defining these vehicle types, the bill mandates that storage batteries and charging systems used in low-speed electric bicycles must be tested by accredited laboratories to meet safety standards, with certified products required to display the laboratory's logo. Compliance deadlines are set for January 1, 2026, for sales and January 1, 2028, for rentals, while the State Fire Marshal is tasked with creating regulations to enhance fire and electrical safety. Overall, the legislation aims to ensure safety and accountability in the growing market for electric and motorized bicycles by refining existing definitions and establishing clear safety standards.