Concerns certain motor vehicle related funding to certain municipalities.

This bill allows large, fast-growing New Jersey municipalities to collect and use additional taxes to fund local transportation services. Specifically, it permits cities with over 200,000 residents that grew by more than 15 percent between 2010 and 2020 to use mass transit parking tax revenue for transit operations and administrative costs. The legislation also changes how parking fines are handled in these areas, directing a larger share of penalty fees to municipal courts and giving cities full control over how to spend the remaining funds. Furthermore, it lets these same cities impose a rental car tax regardless of whether they have a major airport and removes restrictions limiting where within the city the tax can be collected.