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Bill > S1346
NJ S1346
NJ S1346Requires Division of Purchase and Property to issue annual report on public contracts awarded to women-owned and minority-owned businesses; requires Division of Revenue to operate Selective Assistance Vendor Information (SAVI) database.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill requires the Division of Purchase and Property in the Department of the Treasury to issue an annual report on public contracts awarded to women-owned and minority-owned businesses. This bill requires the Division of Revenue to administer, operate, and continue to develop the Selective Assistance Vendor Information (SAVI) database in the Division of Revenue. Currently, the Chief Diversity Officer in the Division of Purchase and Property is required to monitor the State's public contracting process for the purpose of compiling information on the awarding of contracts to minority-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 and women-owned business enterprises. This bill would require the division to issue an annual report to the Governor and the Legislature utilizing the information compiled by the Chief Diversity Officer. The SAVI database currently compiles businesses that are registered as a small business enterprise, including businesses certified as a minority-owned or women-owned business enterprise with the State of New Jersey. The purpose of the database is to identify businesses eligible for mandated State programs such as the New Jersey Small Business Set Aside program, and to aid in matching buyers and vendors for contracting opportunities. This bill would require the Division of Revenue in the Department of the Treasury to administer, operate, and continue to develop the database.
AI Summary
This bill mandates that the Division of Purchase and Property, part of the Department of the Treasury, must produce an annual report detailing public contracts awarded to businesses owned by minorities and women, using data already collected by the division's Chief Diversity Officer. This report will be submitted to the Governor and the Legislature and will include specific metrics such as the number of applications from these businesses compared to all small businesses, the total number and value of contracts awarded to them, and the percentage of contract value they represent. Additionally, the bill assigns the Division of Revenue, also within the Department of the Treasury, the responsibility to manage, operate, and further develop the Selective Assistance Vendor Information (SAVI) database. The SAVI database is a central registry that lists businesses certified as small, minority-owned, or women-owned in New Jersey, serving to identify eligible businesses for state programs like the Small Business Set Aside program and to facilitate connections between government buyers and vendors for contracting opportunities.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 01/13/2026)
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/2026/S1346 |
| BillText | https://pub.njleg.gov/Bills/2026/S1500/1346_I1.HTM |
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