This bill establishes a public-private partnership program within the Department of Environmental Protection (DEP) and the Department of Transportation (DOT) to implement the Wildlife Corridor Action Plan. The program is designed to foster collaborations with private businesses, non-profit organizations, academic institutions, and philanthropic entities to support the planning, construction, monitoring, and maintenance of wildlife corridors and crossing projects. A Wildlife Corridor Investment Fund is created to finance these initiatives, with the DEP and DOT required to appoint a liaison to oversee funding opportunities and monitor expenditures. The bill mandates that reports on the program's effectiveness be submitted to the Governor and Legislature every five years.

Furthermore, the bill authorizes the issuance of Wildlife Corridor license plates by the New Jersey Motor Vehicle Commission, which will feature designs honoring the state's wildlife. An application fee of $50 and an annual renewal fee of $10 will be charged, with proceeds directed to the Wildlife Corridor Investment Fund after covering initial costs. The bill also allows for voluntary contributions to the fund through various commission services, with funds dedicated to implementing the program, monitoring wildlife, researching wildlife corridors, and conducting public education campaigns, particularly in high-risk areas for wildlife-vehicle collisions. The DEP and DOT are tasked with establishing criteria for fair fund allocation, ensuring that resources are focused on projects that provide significant environmental and transportation safety benefits.