Relating to the consideration of ownership interests of certain persons in determining whether a business is a historically underutilized business for purposes of state contracting.

SB 366 amends Texas law to expand the definition of "economically disadvantaged person" for state contracting purposes. It adds protections for businesses owned by individuals with disabilities (as defined by federal law) or those identifying as gay, lesbian, bisexual, transgender, queer, intersex, or asexual. The bill requires the comptroller to establish new, separate contracting goals for these businesses, which must be in addition to existing goals for other underutilized groups. Businesses claiming disability ownership must submit physician affidavits verifying each owner's disability to qualify for certification. This directly affects state agencies managing contracts and businesses seeking certification as historically underutilized businesses (HUBs).