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NJ S1346

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Joseph Pennacchio

Click for details

Origin

Senate

2026-2027 Regular Session

AI Summary

  • Division of Purchase and Property must submit annual reports to the Governor and Legislature on contracts awarded to minority-owned and women-owned business enterprises
  • Annual reports must include: total number of minority/women-owned businesses applying to RFPs compared to all small businesses, total contracts awarded, total and average contract values, and percentage of contract value going to these businesses versus all small business contracts
  • Division of Revenue assumes responsibility for administering, operating, and developing the Selective Assistance Vendor Information (SAVI) database
  • SAVI database serves as a central registry of small business enterprises, including certified minority-owned and women-owned businesses registered with New Jersey
  • Database purpose is to identify businesses eligible for programs like the New Jersey Small Business Set Aside program and match buyers with vendors for contracting opportunities

Legislative Description

Requires Division of Purchase and Property to issue annual report on public contracts awarded to women-owned and minority-owned businesses; requires Division of Revenue to operate Selective Assistance Vendor Information (SAVI) database.

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