A411

New Jersey A411 establishes a price preference program for service-disabled veteran-owned businesses on State contracts.

New Jersey A411 establishes a price preference program for service-disabled veteran-owned businesses competing for State contracts. The bill defines "disabled veteran" as a resident of New Jersey certified by the U.S. Department of Veterans Affairs as having any degree of service-connected disability. A "qualified disabled veterans’ business" is an independently owned and operated business in New Jersey, at least 51 percent owned and controlled by disabled veterans, with management and daily operations controlled by disabled veterans or their spouses if the veteran has a permanent and severe.