Requires taxpayers claiming certain tax credits and exemptions related to real estate development to be in compliance with minority and women-owned business enterprise participation in contracts provisions

Requires taxpayers claiming certain tax credits, exemptions, grants and loans related to real estate development to be in compliance with certain requirements relating to minority and women-owned business enterprise participation in contracts; requires that local laws providing for a tax exemption or abatement for certain projects be in compliance with certain requirements relating to minority and women-owned business enterprise participation in contracts; makes certain technical changes and provides for the expiration and repeal of such provisions.