Decreases rental motor vehicle surcharge from $5 per day to $2 per day.

This bill reduces the daily surcharge for rental motor vehicles in New Jersey from $5 to $2 per day. It directly affects rental car companies and drivers who rent vehicles in the state, lowering rental costs by $3 per day for each rental period. The $2 daily fee will continue to be collected and deposited into the New Jersey Domestic Security Account, which funds emergency medical disaster preparedness, security at nuclear facilities, State Police security services, and counter-terrorism programs. The legislation reverses a 2006 increase that raised the fee to $5 per day while maintaining the dedicated funding for security initiatives.