Bill > S3750

This bill establishes a certification program for disabled-owned businesses in New Jersey. Key provisions include: - Defining eligibility criteria for a "disabled-owned business," such as requiring at least 51% ownership and control by persons with disabilities. - Outlining the application and recertification process, including required documentation and a provisional first-year certification. - Allowing the state's Division of Revenue and Enterprise Services to deny or revoke certifications and providing an appeal process. - Enabling third-party challenges to a business's certification status. - Requiring certified businesses to report any changes that affect their eligibility. - Authorizing the state to form reciprocal agreements with other certification agencies. - Protecting the confidentiality of information submitted as part of the certification process. - Specifying that the bill will take effect one year after enactment.

Business and Industry

https://www.njleg.state.nj.us/bill-search/2022/S3750