NJ A4647

New Jersey Turnpike Authority (NJTA) and South Jersey Transportation Authority (SJTA) must establish programs waiving electronic toll collection fees for qualified disabled veteran-owned businesses.

Eligible vehicles must be owned, leased, or financed by a disabled veteran and used for a state-certified disabled veteran-owned business with at least $2,500 in revenues.

A "disabled veteran" is defined as a New Jersey resident with a VA-certified service-connected disability rating of at least 10 percent.

A "disabled veteran-owned business" must have its principal place of business in New Jersey, be independently owned and operated, and be at least 51 percent owned and controlled by disabled veterans.

The bill takes effect 90 days following enactment and requires vehicles to be registered in New Jersey with an active E-ZPass or similar toll collection account.