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 persons 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 for eligible vehicles, which will allow them to park in these designated spaces. Vehicles using diesel fuel will not qualify for these stickers, and specific fuel efficiency standards must be met for vehicles to be eligible.

Additionally, the bill stipulates that only vehicles with the appropriate window sticker may park in the designated spaces, with violations subject to a fine of up to $250. The legislation is set to take effect 19 months after enactment and will remain in effect for 10 years, during which the Chief Administrator is required to report to the Legislature on the program's implementation and effectiveness.