Creates certain assistance and set-aside programs for businesses owned by lesbian, gay, bisexual, or transgender persons, by persons with a disability, and by veterans.

S 1217 creates dedicated assistance and set-aside programs for businesses owned by lesbian, gay, bisexual, transgender (LGBT) individuals, people with disabilities, and veterans in New Jersey. The bill establishes certification standards through the Division of Revenue and requires the New Jersey Economic Development Authority to provide targeted financial and technical assistance to these businesses. It defines "eligible businesses" as those meeting specific ownership and control criteria (e.g., 51% ownership by the qualifying group) and mandates support to help them access capital and expertise. The law aims to address historical barriers faced by these business owners and promote economic growth by increasing their participation in the state economy.