S 429 New Jersey Senate · 2024-2025 Regular Session

Establishes certification program for disabled-owned businesses.

S 429 establishes a state certification program for businesses owned and controlled by people with disabilities in New Jersey. To qualify, a business must be at least 51% owned, operated, and controlled by individuals with disabilities, with management responsibilities held by them (not just ownership documents). The Division of Revenue will process applications online, requiring documentation of ownership, organizational structure, and business registration. Certified businesses gain access to state contracting opportunities through the SAVI database, helping them compete for government contracts.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Commerce Committee
upper
2 primary · 1 co-sponsor

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