Authorizes not-for-profit corporation inclusion as minority and women-owned enterprises

This bill expands eligibility for minority-owned business enterprise (MBE) and women-owned business enterprise (WBE) certification to include not-for-profit corporations. It adds specific requirements: a not-for-profit must have at least 51% of its governing board composed of minority group members (for MBE) or women (for WBE), with that leadership being real, substantial, and continuing. The bill also clarifies that businesses owned by minority women can be certified as either MBE or WBE but not both for the same contract. This change allows qualifying non-profits to access state contracting opportunities reserved for certified MBEs and WBEs.