---
type: "Bill"
title: "Establishes \"Small Business Bonding Readiness Assistance Program\" in EDA to assist certain small businesses meet State or federal contract surety bond requirements.*"
description: "Establishes \"Small Business Bonding Readiness Assistance Program\" in EDA to assist certain small businesses meet State or federal contract surety bond requirements.*"
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "217"
identifier: "S 123"
citation: "New Jersey S 123 (217)"
classification: ["bill"]
subjects: ["AUTH - STATE", "CORPORATIONS", "ECONOMIC DEV"]
status: "enacted"
primary_sponsors: ["Holley, Jamel C.", "Mukherji, Raj", "Muoio, Elizabeth Maher", "Oliver, Sheila Y.", "Pennacchio, Joseph", "Pintor Marin, Eliana", "Rice, Ronald L.", "Wimberly, Benjie E."]
version_count: 2
action_count: 12
vote_count: 7
first_action: "2016-01-12T05:00:00+00:00"
last_action: "2017-01-04T05:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/0413f58c-264a-4c6e-b997-ca47fddb14bc"
source_url: "http://www.njleg.state.nj.us/downloads.asp"
source_hash: "1dbb2d4b7c075b7cca7c616d77de6d75028a9766922571dbb381c7b7e3824820"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nj"]
---

# New Jersey S 123 (217) — Establishes "Small Business Bonding Readiness Assistance Program" in EDA to assist certain small businesses meet State or federal contract surety bond requirements.*

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced Version** (committee substitute) — [source](http://www.njleg.state.nj.us/2016/Bills/S0500/123_I1.HTM)
2. **Reprint** (committee substitute) — [source](http://www.njleg.state.nj.us/2016/Bills/S0500/123_R1.HTM)

## Votes

- Reported out of Senate committee with amendments — **5–0** (pass) · legislature
- AMEND — **34–0** (pass) · legislature
- Reported favorably out of committee — **13–0** (pass) · legislature
- 3RDG FINAL PASSAGE — **72–0** (pass) · legislature
- 3RDG FINAL PASSAGE — **39–0** (pass) · legislature
- Reported favorably out of committee — **10–0** (pass) · legislature
- Reported favorably out of committee — **11–0** (pass) · legislature

## Sponsors

- Holley, Jamel C. — primary (person)
- Mukherji, Raj — primary (person)
- Muoio, Elizabeth Maher — primary (person)
- Oliver, Sheila Y. — primary (person)
- Pennacchio, Joseph — primary (person)
- Pintor Marin, Eliana — primary (person)
- Rice, Ronald L. — primary (person)
- Wimberly, Benjie E. — primary (person)
- Allen, Diane B. — cosponsor (person)
- Beck, Jennifer — cosponsor (person)
- Bucco, Anthony R. — cosponsor (person)
- Chiaravalloti, Nicholas — cosponsor (person)
- DeCroce, BettyLou — cosponsor (person)
- Kean, Thomas H. — cosponsor (person)
- Lesniak, Raymond J. — cosponsor (person)
- O'Scanlon, Declan J. — cosponsor (person)
- Pinkin, Nancy J. — cosponsor (person)
- Ruiz, M. Teresa — cosponsor (person)
- Singer, Robert W. — cosponsor (person)
- Singleton, Troy — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2016-01-12T05:00:00+00:00** Introduced in the Senate, Referred to Senate Economic Growth Committee `introduction, referral-committee`
- **2016-05-05T04:00:00+00:00** Reported out of Senate Committee with Amendments, 2nd Reading `committee-passage`
- **2016-05-05T04:00:00+00:00** Referred to Senate Budget and Appropriations Committee `referral-committee`
- **2016-06-16T04:00:00+00:00** Reported out of Senate Committee, 2nd Reading `committee-passage`
- **2016-06-27T04:00:00+00:00** Senate Amendment (34-0) (Pennacchio) `amendment-passage`
- **2016-06-30T04:00:00+00:00** Passed Senate (39-0) `passage`
- **2016-06-30T04:00:00+00:00** Received in the Assembly, Referred to Assembly Commerce and Economic Development Committee `referral-committee`
- **2016-09-08T04:00:00+00:00** Reported and Referred to Assembly Appropriations Committee `referral-committee`
- **2016-10-27T04:00:00+00:00** Reported out of Assembly Committee, 2nd Reading `committee-passage`
- **2016-11-21T05:00:00+00:00** Substituted for A3559 (1R)
- **2016-11-21T05:00:00+00:00** Passed Assembly (Passed Both Houses) (72-0-0) `passage`
- **2017-01-04T05:00:00+00:00** Approved P.L.2016, c.84. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0413f58c-264a-4c6e-b997-ca47fddb14bc`. Confidence: reported (aggregated from official New Jersey legislature records).