Synopsis As Introduced Provides that each officer, department, agency, board, commission, or authority of the executive branch (State agency) shall require each labor organization or contractor that is a party to a State contract or that enters into a State contract to obtain and report to the State agency the number of participants in any apprenticeship and training programs offered by the labor organization or contractor and its subcontractors and the number and percentage of participants who are minority persons and veterans. Provides that the Department of Central Management Services shall review goals, preferences, and considerations provided under State law and rules concerning the hiring and training of veterans and the awarding of contracts to veteran-owned businesses and submit a report to the Governor. Provides that the Department shall conduct or cause to be conducted a study of participation by disadvantaged business enterprises and veteran-owned businesses in State procurement opportunities and submit the study, including recommended solutions and methods to address any disparity in procurement awards and any statutory or regulatory amendments that may be needed, to the Governor and the General Assembly. Contains provisions regarding savings and severability. Effective immediately.