State Codes and Statutes

Statutes > New-jersey > Title-5 > Section-5-12 > 5-12-187

5:12-187.    Bus business set aside
    a.   Every casino licensee shall establish goals of expending at least 5% of the dollar value of its bus business with minority and women's business enterprises by the end of the third year following the operative date of this 1985 amendatory and supplementary act or by the end of the third year following the receipt of a casino license, whichever is later and 10% of the dollar value of its bus business with minority and women's business enterprises by the end of the sixth year following the operative date of this 1985 amendatory and supplementary act or by the end of the sixth year following the receipt of a casino license, whichever is later; and each such licensee shall have a goal of expending 15% of the dollar value of its bus business with minority and women's business enterprises by the end of the 10th year following that operative date or by the end of the 10th year following the receipt of a casino license, whichever is later. Each casino licensee shall be required to demonstrate annually to the commission that the requirements of this act have been met by submitting a report which shall include the total bus business expended and the percentage thereof awarded to minority and women's business enterprises.

   b.   A casino licensee shall make a good faith effort to meet the requirements of this section and shall annually demonstrate to the commission that such an effort was made.

L. 1985, c. 539, s.5; amended by L. 1987, c. 137, s. 4.
 

State Codes and Statutes

Statutes > New-jersey > Title-5 > Section-5-12 > 5-12-187

5:12-187.    Bus business set aside
    a.   Every casino licensee shall establish goals of expending at least 5% of the dollar value of its bus business with minority and women's business enterprises by the end of the third year following the operative date of this 1985 amendatory and supplementary act or by the end of the third year following the receipt of a casino license, whichever is later and 10% of the dollar value of its bus business with minority and women's business enterprises by the end of the sixth year following the operative date of this 1985 amendatory and supplementary act or by the end of the sixth year following the receipt of a casino license, whichever is later; and each such licensee shall have a goal of expending 15% of the dollar value of its bus business with minority and women's business enterprises by the end of the 10th year following that operative date or by the end of the 10th year following the receipt of a casino license, whichever is later. Each casino licensee shall be required to demonstrate annually to the commission that the requirements of this act have been met by submitting a report which shall include the total bus business expended and the percentage thereof awarded to minority and women's business enterprises.

   b.   A casino licensee shall make a good faith effort to meet the requirements of this section and shall annually demonstrate to the commission that such an effort was made.

L. 1985, c. 539, s.5; amended by L. 1987, c. 137, s. 4.
 

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-5 > Section-5-12 > 5-12-187

5:12-187.    Bus business set aside
    a.   Every casino licensee shall establish goals of expending at least 5% of the dollar value of its bus business with minority and women's business enterprises by the end of the third year following the operative date of this 1985 amendatory and supplementary act or by the end of the third year following the receipt of a casino license, whichever is later and 10% of the dollar value of its bus business with minority and women's business enterprises by the end of the sixth year following the operative date of this 1985 amendatory and supplementary act or by the end of the sixth year following the receipt of a casino license, whichever is later; and each such licensee shall have a goal of expending 15% of the dollar value of its bus business with minority and women's business enterprises by the end of the 10th year following that operative date or by the end of the 10th year following the receipt of a casino license, whichever is later. Each casino licensee shall be required to demonstrate annually to the commission that the requirements of this act have been met by submitting a report which shall include the total bus business expended and the percentage thereof awarded to minority and women's business enterprises.

   b.   A casino licensee shall make a good faith effort to meet the requirements of this section and shall annually demonstrate to the commission that such an effort was made.

L. 1985, c. 539, s.5; amended by L. 1987, c. 137, s. 4.