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A3496 • 2026

Requires State agencies to make good faith effort to increase awarding of contracts procured without advertisement to minority- and women-owned businesses.

Requires State agencies to make good faith effort to increase awarding of contracts procured without advertisement to minority- and women-owned businesses.

Passed Legislature

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

Sponsor
Lopez, Yvonne
Last action
2026-06-08
Official status
Reported out of Assembly Committee, 2nd Reading
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 State agencies to make good faith effort to increase awarding of contracts procured without advertisement to minority- and women-owned businesses.

Requires State agencies to make good faith effort to increase awarding of contracts procured without advertisement to minority- and women-owned businesses.

What This Bill Does

  • Requires State agencies to make good faith effort to increase awarding of contracts procured without advertisement to minority- and women-owned businesses.
  • Topic: 2nd Reading in the Assembly Fiscal note: This bill has 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

  1. 2026-06-08 New Jersey Legislature

    Reported out of Assembly Committee, 2nd Reading

  2. 2026-01-13 New Jersey Legislature

    Introduced, Referred to Assembly Community Development and Women's Affairs Committee

Official Summary Text

Requires State agencies to make good faith effort to increase awarding of contracts procured without advertisement to minority- and women-owned businesses.
Topic:
2nd Reading in the Assembly
Fiscal note:
This bill has been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text 
A3496 FISCAL ESTIMATE

LEGISLATIVE FISCAL ESTIMATE

ASSEMBLY, No. 3496

STATE OF NEW JERSEY

222nd LEGISLATURE

DATED: JULY 9, 2026

SUMMARY

Synopsis:

Requires State agencies to make good faith effort to
increase awarding of contracts procured without advertisement to minority-
and women-owned businesses.

Type of Impact:

Potential annual State expenditure increase.

Agencies Affected:

Department of the Treasury.

Office of
Legislative Services Estimate

Fiscal Impact

Annual�

Potential State Expenditure Increase

Indeterminate

�

The
Office of Legislative Services (OLS) finds that requiring State agencies and
certain officials in the Department of the Treasury to make a good faith effort
to increase the percentage of non-advertised goods and services contracts
awarded to certified minority-owned and women-owned businesses may increase
annual State expenditures by an indeterminate amount due to the bill�s
administrative rule making and reporting requirements and the additional
outreach that may be necessary for State agencies to achieve the bill�s
objectives.

BILL DESCRIPTION

����� This bill requires State agencies, the Director of the
Division of Purchase and Property, and the Director of the Division of Property
Management and Construction to make a good faith effort to achieve a goal of
increasing the awarding of goods and services contracts procured without
advertisement to certified minority-owned and women-owned businesses by 30
percent in the aggregate within five years of the effective date of this bill. �The
Department of the Treasury will develop guidelines and directives for State
agencies and directors that will be used to achieve this goal. �Each State
agency will submit a report to the department detailing the efforts made by
that agency to achieve such goal every 30 days. �The department will submit a
report to the Governor and to the Legislature detailing the efforts made by all
State agencies and the directors to achieve the goal every six months.

FISCAL ANALYSIS

EXECUTIVE BRANCH

����� None received.

OFFICE OF LEGISLATIVE SERVICES

����� The OLS finds that requiring State agencies and
certain officials in the Department of the Treasury to make a good faith effort
to increase the percentage of non-advertised goods and services contracts
awarded to certified minority-owned and women-owned businesses may increase
annual State expenditures by an indeterminate amount due to the bill�s
administrative rule making and reporting requirements and the additional
outreach that may be necessary for State agencies to achieve the bill�s
objectives.

Section:

State Government

Analyst:

Anna Harris

Associate Fiscal Analyst

Approved:

Thomas Koenig

Legislative Budget and Finance Officer

This legislative fiscal estimate has been produced by the
Office of Legislative Services due to the failure of the Executive Branch to
respond to our request for a fiscal note.

This fiscal estimate has been prepared pursuant to P.L.1980,
c.67 (C.52:13B-6 et seq.).