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Bill > S3120
NJ S3120
NJ S3120Prohibits disqualification of certain minority-owned and women-owned businesses for certification.
summary
Introduced
05/01/2017
05/01/2017
In Committee
05/01/2017
05/01/2017
Crossed Over
Passed
Dead
01/08/2018
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 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 significantly and substantially involved in the production or movement of inventory, as long as the business places an order, takes possession, assumes the risk of ownership, and causes the product, materials, or supplies to be shipped to a customer.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 05/01/2017)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2016/Bills/S3500/3120_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2016/Bills/S3500/3120_I1.PDF |
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