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

This bill (S 3072) modifies New Jersey's certification rules for minority-owned and women-owned businesses seeking to bid on government contracts. It specifically prevents disqualification for businesses engaged in procuring materials/supplies solely because they don’t hold physical inventory on hand, provided they: (1) order products from manufacturers/distributors, (2) pay for and take possession of items, (3) assume ownership risk, and (4) ship products to customers. The bill also requires the state’s certification process to include safeguards against shell companies designed to evade ownership rules. This directly affects small businesses seeking state contract opportunities under existing minority/women-owned business programs.