"Invest in New Jersey First Act;" requires preference in awarding certain contracts for critical infrastructure projects.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
The ‘Invest in New Jersey First Act’ aims to boost the state’s economy and create jobs by prioritizing contracts for critical infrastructure projects. Specifically, it requires state agencies and local governments to give a preference to qualified New Jersey businesses that employ New Jersey residents when awarding contracts funded by state money. The bill defines ‘critical’ infrastructure projects and directs the Department of the Treasury to establish rules for identifying and qualifying these businesses, as well as setting limits on the preference given.
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1 on record
Primary sponsor
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