Bill

Bill > A3159


NJ A3159

NJ A3159
Establishes price preference program on State contracts for businesses owned by women veterans or women in military service.


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 establishes a price preference program for businesses owned by women who are veterans or who are serving in the United States Armed Forces that are competing for State contracts. Under current law, certain purchases or contracts payable out of State funds are publicly advertised and competitively bid on by businesses. The State then awards the contract to the lowest bidder. This bill would establish a price preference of up to 10 percent of the amount of the contract to a qualified business owned by a woman veteran or a woman serving in the military. If the business meets the requirements of the contract solicitation and is the lowest bidder due to the preference, a State agency will enter into a procurement contract with that business. If two or more qualified businesses bid on a contract utilizing the preference program, the business with the lowest bid will be awarded the contract. This bill defines "woman veteran" to mean a resident of this State who identifies as female and was honorably discharged or released under conditions other than dishonorable from active service in a branch of the Armed Forces of the United States, and defines "woman serving in the military" to mean a resident of this State who identifies as female and is serving in the United States Armed Forces on full time active duty status, or who has completed Initial Entry Training. This bill defines "qualified business" to mean an independently owned and operated business that has its principal place of business in the State, at least 51 percent of which is owned and controlled by persons who are women veterans or women serving in the military, and the management and daily business operations are controlled by one or more women veterans or women serving in the military, or, in the case of a woman veteran with a permanent and severe disability, are controlled by the spouse of such veteran.

AI Summary

This bill establishes a price preference program for businesses owned by women who are veterans or serving in the U.S. Armed Forces that are competing for State contracts. Under the program, a State agency will give a preference of up to 10% of the contract amount to a qualified business that meets the contract requirements and is the lowest bidder after the preference is applied. The bill defines "woman veteran" as a female resident of the State who was honorably discharged from the Armed Forces, and "woman serving in the military" as a female resident serving on active duty or who has completed Initial Entry Training. A "qualified business" must have its principal place of business in the State, be independently owned and operated, be at least 51% owned and controlled by women veterans or women serving in the military, and have management and daily operations controlled by such individuals or the spouse of a woman veteran with a permanent and severe disability.

Committee Categories

Military Affairs and Security

Sponsors (5)

Last Action

Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/09/2024)

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