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Bill > A4669


NJ A4669

NJ A4669
Prohibits disqualification of certain minority-owned and women-owned businesses for certification.


summary

Introduced
03/06/2017
In Committee
12/11/2017
Crossed Over
12/07/2017
Passed
Dead
01/08/2018

Introduced Session

2016-2017 Regular Session

Bill Summary

This bill prohibits the disqualification for certification of a minority-owned or women-owned business engaged in the procurement of materials and supplies that is otherwise eligible for certification as a minority or women's business enterprise solely because the business is not involved in the production or movement of inventory, as long as the business: (1) places an order for a product with a distributor or manufacturer; (2) takes possession of the materials or supplies in the order by payment; (3) assumes the risk of ownership of the materials or supplies; and (4) causes the product, materials, or supplies to be shipped to a customer.

AI Summary

This bill prohibits the disqualification of minority-owned or women-owned businesses from certification as a minority or women's business enterprise solely because the business is not significantly involved in the production or movement of inventory, as long as the business places an order for a product, takes possession of the materials or supplies, assumes the risk of ownership, and causes the product to be shipped to a customer.

Committee Categories

Government Affairs

Sponsors (5)

Last Action

Received in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 12/11/2017)

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