Supporting Local Business Enterprises Temporary Amendment Act of 2026 modifies certification requirements for local businesses.

The Supporting Local Business Enterprises Temporary Amendment Act of 2026 amends the Small and Certified Business Enterprise Development and Assistance Act of 2005. It modifies the eligibility criteria for local business enterprises, allowing those with a principal office in an enterprise zone to qualify for certification. The act also introduces new definitions for terms like "equity impact enterprise" and "equity sponsor." It outlines procedures for the Department of Small and Minority Business Development to handle complaints and violations, including the ability to suspend or revoke.

Supporting Local Business Enterprises Temporary Amendment Act of 2026 modifies certification requirements for local businesses.

The Supporting Local Business Enterprises Temporary Amendment Act of 2026 amends the Small and Certified Business Enterprise Development and Assistance Act of 2005. It modifies the eligibility criteria for local business enterprises, allowing those with a principal office in an enterprise zone to qualify for certification. The act also introduces new definitions for terms like "equity impact enterprise" and "equity sponsor." It outlines procedures for the Department of Small and Minority Business Development to handle complaints and violations, including the ability to suspend or revoke.