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New Jersey Enacts Legislation Regarding Providing Certification to LGBTQ+-Owned Business Enterprises

In an effort to expand and ensure equal economic and social opportunity for the LGBTQ+ community, Governor Murphy signed bipartisan legislation S1313/A3330 codifying the program  be established by Executive Order 295 directing the Department of the Treasury (“Treasury”) to develop a program for the registration or certification of LGBTQ+-owned business enterprises similar to those already in place for minority owned and women owned businesses as well as veteran-owned and disabled-veteran-owned businesses. The legislation clarifies who qualifies as an LGBTQ+-owned business enterprise and the process by which to seek certification.

This summary is for informational purposes only and is not intended to constitute legal advice. This information should not be reused without permission.