Bill
Bill > S907
NJ S907
NJ S907Provides that disability-owned businesses be included in certain businesses development programs, direct loan programs, and certification processes; requires Chief Diversity Officer compile information on awarding of State contracts to disability-owned businesses.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill provides that disability-owned businesses be included in certain State programs, the certification process by the Division of Revenue and Enterprise Services, and for monitoring by the Chief Diversity Officer of the State. The bill incorporates disability-owned businesses within the Office of Minority, Disabled Veterans, and Women Medical Cannabis Business Development The bill incorporates disability-owned businesses into the requirement that, when the New Jersey Economic Development Authority (EDA) undertakes direct loans to certain qualified businesses located in certain urban centers, the EDA include disability-owned businesses within such an undertaking if the business is unable to obtain funding from conventional sources. The bill incorporates disability-owned businesses into the certification process managed by the Division of Revenue and Enterprise Services in the Department of the Treasury. Finally, the bill incorporates disability-owned businesses within the requirement that the Chief Diversity Officer of the State monitor the State's public contracting process for the purpose of compiling information on the awarding of contracts to minority-owned, disability-owned, and women-owned business enterprises, the total value of all contracts and the percentage of the value of those contracts awarded to minority-owned, disability-owned, and women-owned business enterprises.
AI Summary
This bill provides that disability-owned businesses be included in certain State programs, the certification process by the Division of Revenue and Enterprise Services, and for monitoring by the Chief Diversity Officer of the State. The bill incorporates disability-owned businesses within the Office of Minority, Disabled Veterans, and Women Medical Cannabis Business Development, the requirement that the New Jersey Economic Development Authority include disability-owned businesses in direct loan programs, and the requirement that the Chief Diversity Officer monitor the awarding of State contracts to disability-owned businesses.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 01/09/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S907 |
| BillText | https://pub.njleg.gov/Bills/2024/S1000/907_I1.HTM |
Loading...