Requires reduction in number of State vehicles over five fiscal years.

This bill requires the New Jersey Executive Branch to reduce its state vehicle fleet by 10% annually over five fiscal years, with flexibility to reduce by 8% if needed to maintain efficient services. It exempts vehicles used by the Division of State Police, Division of Gaming Enforcement, and for emergency, construction, or maintenance purposes. A panel (including the State Treasurer and department heads) must create a reduction plan, review all new vehicle requests, and submit quarterly reports to the Budget Oversight Committee. Annual funding for vehicle accounts must align with the reduction plan, and proceeds from vehicle sales fund state debt or capital projects.