ASSEMBLY COMMUNITY DEVELOPMENT AND WOMEN ’S
AFFAIRS COMMITTEE
STATEMENT TO
ASSEMBLY, No. 4720
with committee amendments
STATE OF NEW JERSEY
DATED: SEPTEMBER 19, 2024
The Assembly Community Development and Women’s Affairs
Committee reports favorably and with committee amendments
Assembly Bill No. 4720.
This bill requires the Chief Diversity Officer in the Department
of the Treasury, in partnership with the Business Action Center and
the New Jersey Economic Development Authority, to conduct
regular outreach events, training workshops, seminars, and other
such educational programs virtually and throughout the State to
promote awareness, access, and utilization of women-owned and
minority-owned businesses in State contracting and subcontracting.
Additionally, the bill requires the Chief Diversity Officer in the
Department of the Treasury, in partnership with the Business Action
Center and the New Jersey Economic Development Authority, to
conduct regular outreach events, training workshops, seminars, and
other such educational programs virtually and throughout the State
to provide women-owned and minority-owned businesses with
technical, managerial, and financial training, including marketing
assistance, personnel skill development, project management
assistance, technology assistance, and financing assistance.
As amended, the bill also calls for the outreach events, training
workshops, seminars, and other such educational programs to be held
at community locations deemed suitable by the Chief Diversity
Officer, which may include, but are not limited to, locations provided
by non-profit organizations or faith-based entities.
COMMITTEE AMENDMENTS :
The committee amended the bill to specify that the events and
programs conducted under the bill will be held at community locations
deemed suitable by the Chief Diversity Officer, which may include,
locations provided by non-profit organizations or faith-based entities.