Count me skeptical and cynical about these sorts of laws. They just create useless bureaucracy and waste without really benefiting anybody.
It has been a long time since I had to worry about it, but there used to be some sort of official certificate that you needed to be an official minority-owned business. In order to survive, pretty much every company that did any sort of government contracting had to get one of these certificates, usually by transferring ownership through wives (who may or may not have actually been involved in the business) or some other sort of figurehead angle.
So, will small business owners just have to open a Grindr account to get their rubber stamp? Or will they have to show proof of penetration? Maybe an Xtube video or two on their resume? I'm sensing both business and recreational opportunities there
During the Clinton era, I wurked for a GoCo. First there were quotas, but then the Word Came Down from On High. ALL (100%) of procurements had to be from official minority businesses. The problem was that the stuff that I needed was highly technical supplies and services, (in addition to some more mundane stuff like office supplies.) There simply wasn't any place to buy them. Even if you could find a woman-owned shop, she didn't have her Official Certificate.
So what happened was a dozen lawyers set up sham businesses in town with a minority woman figurehead. They took our orders and turned around and relayed the order to legitimate businesses. It added a couple of weeks (more) delay to everything we did and they were allowed IIRC a 17% mark-up. It would have been a lot more efficient to just give cash to those lawyers directly and leave us out of it. I'm sure the figureheads weren't getting much more than a secretary's pay.
I remember one summer, my work was pretty much shut down over a silly thing like running out of laboratory reagents. At first, I thought I'd made a mistake - I ordered a jar of ammonium chloride and (eventually) received a jar of sodium chloride (cheap table salt.) Eventually I realized that a bunch of my orders were getting changed - potassium chloride, ammonium chloride, molybdenum chloride, no matter what I was ordering, I just got sodium chloride (and similar problems.) When I finally got through to the Official Minority Woman on the phone, her response was, "What difference does it make which brand
of chloride we send you?"
By the time I left, there were some ominous rumblings in the system over some pretty large construction projects that were contracted to a real, but tiny Native American owned contractor. Of course, they subcontracted all the actual work to large companies, but were really in way over their heads when things started to to wrong.