Bill

Bill > A1026


NJ A1026

NJ A1026
Prohibits disqualification of certain minority-owned and women-owned businesses for certification.


summary

Introduced
01/09/2018
In Committee
04/12/2018
Crossed Over
04/12/2018
Passed
Dead
01/08/2020

Introduced Session

2018-2019 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, 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. This ensures that these businesses are not disqualified from certification solely because they are not significantly involved in the production or movement of inventory.

Committee Categories

Business and Industry, Government Affairs

Sponsors (6)

Last Action

Received in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 04/12/2018)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...