Authorizes creation of special license plate honoring Phi Beta Sigma and Zeta Phi Beta.

This bill authorizes New Jersey to issue special license plates honoring Phi Beta Sigma Fraternity and Zeta Phi Beta Sorority. It requires a $50 one-time application fee and $10 annual renewal fee for these plates, with all collected fees (after covering program costs) deposited into a dedicated fund. The fund's proceeds must be annually appropriated to support both organizations' missions, while the organizations must cover initial implementation costs (up to $25,000) and provide 500 applications before the program launches. The program remains inactive until these conditions are met, with an expiration if requirements aren't satisfied within 12 months.