A1397 • 2026

Requires Department of Treasury to update New Jersey Disparity Study every five years.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Park, Ellen J.
Last action: 2026-01-13
Official status: Introduced, Referred to Assembly Community Development and Women's Affairs Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Requires Department of Treasury to update New Jersey Disparity Study every five years.

What This Bill Does

Requires Department of Treasury to update New Jersey Disparity Study every five years.
Topic: Community Development and Women's Affairs Fiscal note: This bill has not been certified by OLS for a fiscal note.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-01-13 New Jersey Legislature
Introduced, Referred to Assembly Community Development and Women's Affairs Committee

Official Summary Text

Requires Department of Treasury to update New Jersey Disparity Study every five years.
Topic:
Community Development and Women's Affairs
Fiscal note:
This bill has not been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text

A1397

ASSEMBLY, No. 1397

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.