Authorizes State Chief Diversity Officer to conduct disparity study concerning utilization of minority-owned and women-owned businesses in State procurement process.

Summary

The bill directs New Jersey’s Chief Diversity Officer to conduct a disparity study on how often minority‑ and women‑owned firms are used in state agency purchases. After the study, the officer must submit a report with findings and recommendations to the Governor and Legislature, and may issue follow‑up reports every four years. The goal is to identify and address any gaps in procurement opportunities for these businesses.

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