TRENTON – Legislation sponsored by Senator Jim Beach (D-Camden) that would require the New Jersey Economic Development Authority to administer a veteran-owned business set-aside program was cleared today by the full Senate.
“Our veterans have sacrificed so much for the safety and well being of this country and they deserve recognition and assistance from those that enlist their services,” said Senator Beach, Chairman of the Senate Military and Veterans Affairs Committee. “Setting aside a percentage of contracts for veteran owned businesses is just one small way we can repay the debt we owe to them. Not only is it the right thing to do, but, given the current economic climate and the need to spur the economy, it is the necessary thing to do.”