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Bill

A 4720

Requires Chief Diversity Officer in Department of Treasury and other State officers to conduct certain outreach events, training workshops, and educational programs for minority and women-owned businesses.

2024-2025 Regular Session Introduced by Linda Carter and 9 co-sponsors

Bill A 4720 mandates New Jersey's Chief Diversity Officer to conduct outreach and training for minority and women-owned businesses, boosting their access to state contracts.

Reported out of Assembly Committee with Amendments and Referred to Assembly Labor Committee
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Bill Summary · A 4720

Summary of Bill A 4720

Bill Information

  • Bill Number: A 4720
  • Title: Requires Chief Diversity Officer in Department of Treasury and other State officers to conduct certain outreach events, training workshops, and educational programs for minority and women-owned businesses.
  • Status: Reported out of Assembly Committee with Amendments and Referred to Assembly Labor Committee
  • Introduced: September 12, 2024
  • Classification: Bill
  • Subject: Minority, Women

Purpose and Intent

Bill A 4720 aims to enhance support for minority and women-owned businesses in New Jersey by mandating the Chief Diversity Officer in the Department of Treasury to conduct outreach and educational programs. The intent is to promote awareness, access, and utilization of certified minority and women-owned businesses in state contracting and subcontracting.

Key Provisions

  1. Outreach and Education:

    • The Chief Diversity Officer, in collaboration with the Business Action Center and the New Jersey Economic Development Authority, is required to conduct:
      • Regular outreach events
      • Training workshops
      • Seminars
      • Educational programs
    • These activities will be held both virtually and in-person across the state.

  2. Target Audience:

    • Programs will be designed for:
      • Internal stakeholders (state employees)
      • External stakeholders (businesses and the public)
    • Focus will be on promoting awareness and access to certified business enterprises.

  3. Training Focus:

    • The bill emphasizes providing technical, managerial, and financial training for certified minority and women-owned businesses, which includes:
      • Marketing assistance
      • Personnel skill development
      • Project management assistance
      • Technology assistance
      • Financing assistance

  4. Community Engagement:

    • Events and programs will be held at community locations deemed suitable by the Chief Diversity Officer, including venues provided by non-profit organizations and faith-based entities.

Impact

  • Beneficiaries: The primary beneficiaries of this bill are minority and women-owned businesses in New Jersey, which will gain increased access to state contracting opportunities and essential training resources.
  • State Agencies: The Department of Treasury, Business Action Center, and New Jersey Economic Development Authority will play key roles in implementing the provisions of this bill.

Procedural Aspects

  • The bill was reported out of the Assembly Community Development and Women's Affairs Committee with amendments on September 23, 2024, and is currently referred to the Assembly Labor Committee for further consideration.
  • The bill is set to take effect immediately upon passage.

Related Legislation

  • Companion Bill: S 3709

This summary provides an overview of Bill A 4720, detailing its purpose, key provisions, and potential impact on minority and women-owned businesses in New Jersey.

Compiled from official sources — confirm details with the bill’s official record.

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