An act relating to promoting racial and social equity in economic opportunity and cultural empowerment

This bill establishes legislative intent to address racial and social equity in economic opportunity and cultural empowerment by acknowledging historical wealth disparities rooted in systemic racism, colonization, and slavery. It defines key terms such as "Non-White" and identifies specific groups affected by historical discrimination, including Indigenous peoples, Black residents, and other marginalized communities based on race, ethnicity, sex, geography, and other characteristics. The bill calls for a just transition to an economic system that undoes racism and requires the state to engage in a truth and reconciliation process guided by those most impacted by historical injustices.