Concerns certain motor vehicle related funding to certain municipalities.

This bill allows New Jersey municipalities with over 100,000 residents to impose a 3.5% tax on parking fees at public facilities to fund pedestrian access improvements for mass transit stations. It also modifies how parking penalty fines are distributed, directing a fixed amount or a percentage to municipal courts in rapidly growing cities to cover administrative costs. Additionally, the legislation permits cities with large commercial airports to levy a tax on vehicle rentals occurring within designated industrial zones. These changes apply only to specific municipalities meeting population and growth criteria and exclude private residential parking from the new parking tax.