Authorizes creation of Lambda Theta Phi Latin Fraternity, Inc. license plates.

This bill (A2626) authorizes New Jersey to issue specialty license plates for vehicles registered in the state, featuring the Lambda Theta Phi Latin Fraternity, Inc. emblem and slogan. Vehicle owners must pay a $50 application fee and a $10 annual fee, with these funds deposited into a dedicated "Lambda Theta Phi License Plate Fund." The fund, managed by the state Treasury, annually appropriates money to support the fraternity's mission and programs, after covering administrative costs. The Motor Vehicle Commission handles plate design and issuance in consultation with the fraternity's North Atlantic Regional Vice President.