An Act relative to state grants targeting minority communities

HD 3086 mandates that at least 30% of recipients for specific state grants must be minority-owned businesses or businesses with boards composed of at least 50% minority members. The bill amends existing statutes across multiple grant programs (including Chapters 40G, 23G, 23I, and 40W) to include this requirement. It directly affects state grant programs that fund business development or community initiatives by setting a minimum diversity threshold for recipients. The key provision is a concrete, measurable standard for recipient eligibility, ensuring a significant portion of grant funds supports businesses meeting the specified diversity criteria.