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Bill > S713
NJ S713
NJ S713Creates State contract set-aside program for businesses owned and operated by persons with disabilities.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill creates a State contract set-aside program for businesses owned and operated by persons with disabilities. This bill would add a new three percent set-aside program for disability-owned business enterprises which is in addition to other State set-aside programs. The three percent set-aside would represent three percent of all contracts awarded by contracting agencies. "Disability-owned business enterprise" would be defined to mean a business which has its principal place of business in the State, is independently owned and operated and at least 51 percent of which is owned and controlled by persons with disabilities and is certified by nonprofit organizations focused on business disability inclusion, including Disability:IN, as a disability-owned business enterprise. Disability-owned business enterprise is a commonly used term by several non-profit organizations focused on business disability inclusion, such as Disability:IN, to recognize such businesses. The term "disability" would be defined to mean a physical or mental disability that substantially impairs a major life activity.
AI Summary
This bill creates a State contract set-aside program for businesses owned and operated by persons with disabilities. The bill establishes a new three percent set-aside program for "disability-owned business enterprises," which are defined as businesses that have their principal place of business in the State, are independently owned and operated, and at least 51% of which is owned and controlled by persons with disabilities. The Department of the Treasury will administer this program, which will be in addition to any other set-aside programs. The bill outlines the procedures for designating contracts as set-aside, advertising for bids, and reviewing the list of certified disability-owned business enterprises. The bill also requires contracting agencies to submit annual reports on the program and consult with industry representatives to implement the provisions.
Committee Categories
Government Affairs
Sponsors (2)
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
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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/2024/S713 |
| BillText | https://pub.njleg.gov/Bills/2024/S1000/713_I1.HTM |
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