This bill establishes a requirement for parking areas with 100 or more spaces to designate 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 must be displayed on the driver's side rear window to park in these designated spaces.

The eligibility for these window stickers is based on specific fuel efficiency standards, with initial stickers available for vehicles achieving a minimum of 45 miles per gallon for the first two years, transitioning to stricter standards thereafter. Vehicles using diesel fuel will not qualify for these stickers. A violation of the parking regulations will incur a fine of up to $250. The bill is set to take effect 19 months after enactment and will remain in effect for 10 years, during which the Chief Administrator will report to the Legislature on the program's implementation and effectiveness.