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Bill > A1957


NJ A1957

NJ A1957
Creates State contract set-aside program for businesses owned and operated by persons with disabilities.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

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 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 percent of which is owned and controlled by persons with disabilities. The Department of the Treasury will administer the program, which includes establishing regulations, maintaining lists of designated businesses, and reviewing the designations annually. Contracting agencies must make a good faith effort to award at least three percent of their contracts to disability-owned business enterprises, and the bill provides procedures for setting aside contracts, advertising bids, and addressing disputes. The bill also requires annual reporting and consultations with industry representatives to implement the program.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Introduced, Referred to Assembly Commerce, Economic Development and Agriculture Committee (on 01/09/2024)

bill text


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