STATE OF NEW JERSEY
222nd LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION
Sponsored by:
Assemblywoman ELLEN J. PARK
District 37 (Bergen)
Assemblywoman ALIXON COLLAZOS-GILL
District 27 (Essex and Passaic)
Assemblyman WILLIAM W. SPEARMAN
District 5 (Camden and Gloucester)
Co-Sponsored by:
Assemblywomen Reynolds-Jackson, Peterpaul, Tucker, Carter and Assemblyman Onyema
SYNOPSIS
Requires Department of Treasury to update New Jersey Disparity Study every five years.
CURRENT VERSION OF TEXT
Introduced Pending Technical Review by Legislative Counsel.
An Act concerning studies on disparity in State procurement and supplementing Title 52 of the Revised Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. The Department of the Treasury shall prepare and submit to the Governor and to the Legislature, pursuant to section 2 of P.L.1991, c.164 (C.52:14-19.1), updates to the New Jersey Disparity Study of 2024 no later than January 1 of every fifth year beginning with January 1, 2029. The updates shall include, but need not be limited to, changes in the availability and utilization of small, minority, women, and service-disabled veteran-owned businesses in State procurement.
2. This act shall take effect immediately.
STATEMENT
This bill requires the Department of the Treasury to prepare and submit to the Governor and to the Legislature updates to the New Jersey Disparity Study every five years, beginning with January 1, 2029. The New Jersey Disparity Study, issued in January 2024, studied the availability and utilization of small, minority, women, and service-disabled veteran-owned businesses.
Under the bill, the updates will include changes in the availability and utilization of these businesses in State procurement.