The New Jersey Pride Chamber of Commerce (NJPCC) announced the successful passage of S1313, a historic law that officially recognizes LGBTQ owned businesses in New Jersey through the New Jersey Treasury Division of Revenue Business Certification Program. The new law is the result of collaboration across the public and private sectors over several years.
Gus Penaranda the executive director of the NJPCC was at a ceremony at Bristol Myers Squibb to pose for photographs and publically announce the new legistlation.
Since 2018, NJPCC and the National LGBT Chamber of Commerce have worked to advocate for this legislation. The new law demonstrates the resilience and perseverance of the NJPCC and its members in the Garden State to make it happen. Previously an executive order was put in place by Gov. Phil Murphy in 2022 that essentially did the same for the LGBTQ business community during his administration. But an executive order is not permament. The legislation will make it law in the state of New Jersey.
The legislation is grounbreaking in its scope. It is the first law of its kind in the nation says the NJPCC.
“We are immensely grateful for our strong partnership with Bristol Myers Squibb, whose dedication has been instrumental in achieving this legislative victory,” said Augusto Penaranda, Executive Director of NJPCC. “Their support for the LGBTQ+ community is evident not only in their lobbying efforts but also in their broader commitment to inclusion.”
“At Bristol Myers Squibb, we believe that our partnership with NJPCC is pivotal in driving meaningful impact and outcomes for patients, communities, colleagues, and the broader industry,” said Frank Sperber, Global Lead for PRIDE Alliance PBRG. “This legislation is a testament to our shared dedication toward creating a more inclusive and equitable business environment.”
Penaranda and the NJPCC celebrates this legislative achievement in 2024 in New Jersey. The organization is proud said Penaranda of its success at advancing inclusive business practices to help LGBTQ business throughout the Garden State.
