An Act amending the act of July 22, 1974 (P.L.598, No.206), known as the Pennsylvania Minority Business Development Authority Act, further providing for activities and powers of the authority in general; establishing the Minority Business Development Program; and providing for reports.

This bill amends the Pennsylvania Minority Business Development Authority Act to update how the authority conducts its business development programs. It specifically revises the list of activities and powers granted to the authority, removing a provision related to item (iii) and replacing it with item (ii). These changes refine the legal framework governing the Minority Business Development Program without adding new funding or altering the core mission of the agency. The legislation also maintains the requirement for the authority to submit regular reports on its operations.