Bill
Bill > A5280
summary
Introduced
02/28/2023
02/28/2023
In Committee
02/28/2023
02/28/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Establishes certification program for businesses owned by LGBTQ+ persons.
AI Summary
This bill establishes a certification program for businesses owned by LGBTQ+ persons in New Jersey. The key provisions include:
1. Defining eligibility criteria for LGBTQ+ businesses, such as at least 51% ownership and control by LGBTQ+ individuals.
2. Outlining the application and recertification process, including required documentation and timelines.
3. Authorizing the Division of Revenue and Enterprise Services to manage the certification program, maintain a public database of certified LGBTQ+ businesses, and hear appeals of denials or revocations.
4. Allowing third-party challenges to the certification of LGBTQ+ businesses and providing a hearing process.
5. Requiring certified businesses to report any changes in ownership or control that could affect their eligibility.
6. Enabling the division to form reciprocal agreements with other certifying entities to facilitate LGBTQ+ business development.
The bill aims to support and promote the growth of LGBTQ+-owned businesses in New Jersey.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Introduced, Referred to Assembly Commerce and Economic Development Committee (on 02/28/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A5280 |
| BillText | https://pub.njleg.gov/Bills/2022/A5500/5280_I1.HTM |
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