Establishes Division of Minority and Women Business Development and State Chief Disparity Officer to monitor efforts to promote participation by minority-owned and women-owned businesses in State contracting.
This legislation is significant in that it codifies the existing Division of Minority and Women Business Development's functions into state law, thereby solidifying its framework and mission. Particularly, it mandates the complete implementation of existing laws regarding the certification of minority and women-owned businesses and eliminates the possibility of self-certification, enhancing the credibility of the certification process. By requiring that every state agency designated a liaison or a disparity officer, the bill also aims to foster greater cooperation among state departments in monitoring contracts and ensuring equitable opportunities.
Senate Bill 85 establishes a Division of Minority and Women Business Development within the State Department of the Treasury, aimed at enhancing participation by minority-owned and women-owned businesses in state contracting processes. The bill appoints a State Chief Disparity Officer to oversee the division, ensuring that policies and programs actively promote equal opportunities for these enterprises in procurement by state agencies, including independent state authorities. The Chief Disparity Officer will also be responsible for compiling data on contracts awarded to minority and women-owned businesses.
While the bill is largely focused on promoting inclusivity in state contracting, potential points of contention may arise regarding the operational effectiveness of the Chief Disparity Officer and the Division. Opposition may emerge from businesses that fear the possible bureaucratic hurdles introduced by new reporting requirements and regulations. Additionally, the bill's provisions against self-certification intend to increase accountability, but could also be perceived as creating barriers for smaller businesses attempting to navigate state contracting opportunities.