Requires public agency receiving State funds to post on website use of State funds for public work contracts with minority, women, and veteran owned businesses.

S 2547 requires public agencies receiving state funds for public work projects to publicly report monthly on their websites (or forward to the Department of Labor if no website exists) how much of those funds was used for contracts with minority-owned, women-owned, and veteran-owned businesses compared to other businesses. The Department of Labor will compile an annual summary of all agencies' spending and submit it to the Governor and Legislature. This applies to state departments, local governments, and other public entities using state funds for public work projects. The bill mandates monthly updates for transparency, with the Department of Labor ensuring data is centralized and reported annually.