S409 — Establishes that passenger vehicles other than police vehicles have a useful life of five years and allows local units to bond for such vehicles.

S409 — Establishes that passenger vehicles other than police vehicles have a useful life of five years and allows local units to bond for such vehicles. · Informed CitizenryThis bill amends N.J.S.40A:2-22 to establish that passenger vehicles other than police vehicles, when purchased new, have a useful life of five years. This change is intended to allow counties and…Open in Informed Citizenry