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.

This 1983 New Jersey bill creates state programs to reserve government contracts for certified businesses owned by lesbian, gay, bisexual, transgender (LGBT) individuals, people with disabilities, and veterans. It requires the state’s Economic Development Authority to establish certification standards and set-aside programs, ensuring these businesses can compete for state contracts. To qualify, businesses must be 51% owned and controlled by members of one of these groups, certified by the Division of Revenue, and independently operated. The bill aims to increase economic opportunities for these communities by providing targeted financial and technical assistance through state procurement.