Exempts public institutions of higher education from motor vehicle registration fee.

This bill exempts public colleges and universities in New Jersey from paying motor vehicle registration fees for vehicles not used for pleasure or hire. It adds "public institutions of higher education" to an existing list of exempt entities under state law, which already includes government agencies, schools, hospitals, and certain nonprofits. The change directly affects all public universities, county colleges, and state-funded higher education institutions defined in New Jersey law. This policy update removes a financial requirement for these institutions' operational vehicles, aligning them with other exempt public entities.