The Minority Business Development Agency (MBDA) has updated its regulations to remove racial and ethnic presumptions for determining eligibility for its programs. This change was made to comply with a court ruling that declared such presumptions unconstitutional, as they were previously outlined in the Minority Business Development Act of 2021. The court's decision requires the MBDA to amend parts of its regulations, making eligibility determinations based on actual social or economic disadvantage without relying on racial or ethnic classifications. These updates aim to clarify and modify the criteria for accessing MBDA's assistance programs.
Simple Explanation
The Minority Business Development Agency is changing its rules so they don't use race or ethnicity to decide who gets help. They're doing this because a court said the old way was not fair, so now they want to use other ways to decide who needs help.