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Bill

Bill

S 289

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.

2026-2027 Regular Session Introduced by Angela McKnight and 1 co-sponsor

New Jersey requires Treasury to hire a Chief Diversity Officer who will run outreach, training, and educational programs for minority and women-owned businesses statewide.

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
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WeVote Research Nonpartisan
Bill Summary · S 289

Legislative bill overview

S 289 mandates the creation of a Chief Diversity Officer position within New Jersey's Department of Treasury and requires this officer, along with other state officials, to organize outreach events, training workshops, and educational programs specifically targeting minority-owned and women-owned businesses (MWOBs). The bill formalizes the state's institutional commitment to supporting business development within these communities.

Why is this important

Access to capital, networks, and business knowledge has historically been unequal for minority and women entrepreneurs, affecting economic opportunity and wealth generation in these communities. By codifying outreach and education requirements, the bill aims to reduce barriers to entry and help MWOBs compete more effectively in state procurement and general business ecosystems. This directly impacts job creation and economic development in underrepresented populations.

Potential points of contention

  • Budget and resource allocation: Creating a new CDO position and funding multiple statewide programs requires state budget commitments during fiscally tight periods; opponents may question cost-effectiveness versus alternative approaches
  • Definition and eligibility scope: The bill doesn't specify which businesses qualify as "minority-owned" or "women-owned," potentially creating disputes about who benefits and whether definitions align with federal standards
  • Measurable outcomes: The legislation doesn't establish clear metrics for success (job creation, business survival rates, procurement awards), making it difficult to evaluate whether programs achieve intended results or represent effective spending

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

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