Establishes minority youth-owned business enterprises

Summary

The bill defines "minority youth‑owned business enterprises" and establishes two age‑based tiers for owners. It requires the state to provide training, mentorship and procurement education for these young owners and directs several agencies to reserve a portion of their contract spending for them, with simplified award limits. The goal is to help minority‑owned youth start and grow businesses that can compete for state work.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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