Section 9-305 - Minority business enterprises.
§ 9-305. Minority business enterprises.
(a) Scope of section.- This section applies to the following minority business enterprises:
(1) a publicly owned business if 1 or more minority persons own at least 51% of the stock of the business; or
(2) any other business if 1 or more minority persons own at least 50% of the business.
(b) Duties of Special Secretary.- Subject to the limitations of any law that governs the activities of other units of the Executive Branch of the State government, the Special Secretary shall:
(1) carry out each State or federal program that is created to promote the growth of or participation in minority business enterprises;
(2) promote and coordinate the plans, programs, and operations of the State government that promote or otherwise affect the establishment, preservation, and strengthening of minority business enterprises;
(3) promote activities and the use of the resources of the State government, local governments, and private entities for the growth of minority business enterprises;
(4) coordinate the effort of private entities and public agencies to develop minority business enterprises;
(5) establish a system to develop, collect, summarize, and give out information that would help a person to:
(i) establish a minority business enterprise;
(ii) operate a minority business enterprise successfully; or
(iii) promote the establishment and successful operation of minority business enterprises; and
(6) subject to the limitations of law and the availability of funds:
(i) provide technical and managerial assistance to minority business enterprises;
(ii) provide the managerial and organizational framework for private entities and units of the State government to plan and carry out joint undertakings that relate to minority business enterprises; and
(iii) pay, wholly or partly, the costs of a pilot or demonstration project that is intended to overcome the special problems of minority business enterprises.
[An. Code 1957, art. 41, § 483; 1984, ch. 284, § 1; 1986, ch. 719; 2004, ch. 74.]