Expands employee ownership assistance for lesbian, gay, bisexual, transgender, and non-binary individuals.
This bill amends the public authorities law to expand employee ownership assistance for lesbian, gay, bisexual, transgender, and non-binary individuals. It modifies the definition of "minority business enterprise" to include businesses owned by these groups. The bill also updates the criteria for loan preferences to prioritize projects with a majority of minority, lesbian, gay, bisexual, transgender, or non-binary members.
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