Bill
Bill > S1122
NJ S1122
NJ S1122Provides that disability-owned businesses be included in certain business 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
01/13/2026
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 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 expands existing business development programs, direct loan programs, and certification processes to include disability-owned businesses, which are defined as businesses owned and controlled by individuals with disabilities. Specifically, it incorporates these businesses into the Office of Minority, Disabled Veterans, and Women Medical Cannabis Business Development, ensuring their participation in the medical cannabis industry. The bill also mandates that the New Jersey Economic Development Authority (EDA) include disability-owned businesses when offering direct loans to qualified businesses in urban centers, provided they cannot secure conventional funding. Furthermore, the Division of Revenue and Enterprise Services will now certify disability-owned businesses, and the Chief Diversity Officer will be responsible for tracking and compiling data on state contracts awarded to these businesses, alongside minority-owned and women-owned businesses, to monitor their participation in public contracting.
Committee Categories
Government Affairs
Sponsors (3)
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/S1122 |
| BillText | https://pub.njleg.gov/Bills/2026/S1500/1122_I1.HTM |
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