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NJ S1122

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Kristin Corrado

Click for details

Origin

Senate

2026-2027 Regular Session

AI Summary

  • Adds disability-owned businesses to the Office of Minority, Disabled Veterans, and Women Medical Cannabis Business Development, making them eligible for medical cannabis industry permits and business development programs
  • Expands New Jersey Economic Development Authority direct loan programs to include disability-owned businesses located in urban centers that cannot obtain conventional funding
  • Establishes a unified certification process for disability-owned businesses through the Division of Revenue and Enterprise Services, with initial certification followed by recertification after one year and then every five years
  • Defines disability-owned business as one where at least 51% ownership and management control is held by persons with physical or mental disabilities that substantially impair a major life activity
  • Requires the Chief Diversity Officer to compile and monitor information on State contracts awarded to disability-owned businesses alongside minority-owned and women-owned enterprises

Legislative Description

Provides that disability-owned businesses be included in certain business development programs, direct loan programs, and certification processes; requires Chief Diversity Officer compile information on awarding of State contracts to disability-owned businesses.

State Government, Wagering, Tourism & Historic Preservation

Last Action

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee

1/13/2026

Committee Referrals

State Government, Wagering, Tourism & Historic Preservation1/13/2026

Full Bill Text

No bill text available