Removes principal place of business requirement of "Set-Aside Act for Disabled Veterans' Businesses.
This bill 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. It directly affects disabled veterans' businesses seeking to compete for state contracts, as they will no longer need to operate primarily within New Jersey. The key change amends the legal definition in the Set-Aside Act to eliminate the "principal place of business" clause from the eligibility criteria. This adjustment 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.
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
Floor votes
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Full legislative history
Actions timeline
Total actions
1
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0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Military and Veterans' Affairs Committee
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
MT
Mike Torrissi
RRepublican
Co
Antwan McClellan
RRepublican
Co
Erik Simonsen
RRepublican
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