Removes principal place of business requirement for disabled veterans' businesses in New Jersey.

The bill removes the requirement that businesses owned by disabled veterans have their principal place of business in New Jersey. This change aims to expand the pool of eligible businesses and subcontractors for state contracts, potentially helping contracting agencies meet the goal of awarding at least 3% of their contracts to disabled veterans' businesses. The "Set-Aside Act for Disabled Veterans’ Businesses" defines a disabled veterans' business as one independently owned and operated, with at least 51% ownership by disabled veterans, or one verified by the U.S.

Removes principal place of business requirement for disabled veterans' businesses in New Jersey.

The bill removes the requirement that businesses owned by disabled veterans have their principal place of business in New Jersey. This change aims to expand the pool of eligible businesses and subcontractors for state contracts, potentially helping contracting agencies meet the goal of awarding at least 3% of their contracts to disabled veterans' businesses. The "Set-Aside Act for Disabled Veterans’ Businesses" defines a disabled veterans' business as one independently owned and operated, with at least 51% ownership by disabled veterans, or one verified by the U.S.