Removes principal place of business requirement of "Set-Aside Act for Disabled Veterans' Businesses."

This bill (S 911) removes the requirement that disabled veterans' businesses must have their principal place of business in New Jersey to qualify for state contracts under the "Set-Aside Act for Disabled Veterans’ Businesses." It directly affects businesses owned by disabled veterans seeking to compete for state contracts. The key change amends the definition of "disabled veterans' business" by deleting the "principal place of business in the State" clause, allowing businesses verified by the U.S. Department of Veterans Affairs as service-disabled veteran-owned to qualify regardless of location. This aims to expand the pool of eligible businesses, potentially helping state agencies meet their goal of awarding at least 3% of contracts to disabled veterans' businesses. The bill amends P.L.2015, c.116 and takes effect immediately.