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New Department of Social and Economic Mobility outlines plans as leaders pledge faster MBE certification and SEP rollout

Budget and Taxation Committee · February 24, 2026
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Summary

Officials told the Budget and Taxation Committee the new Department of Social and Economic Mobility has a $20.8 million FY27 allowance, consolidates several offices, and plans to use a $5 million Social Equity Partnership Program (SEP) to support cannabis-related social equity efforts while pursuing faster MBE certification timelines.

The Department of Social and Economic Mobility — established by chapter 605 of 2025 — appeared before the Budget and Taxation Committee for its fiscal 2027 budget presentation. Department of Legislative Services analyst Natalia Entrade said the department’s FY27 allowance totals $20.8 million, a $4.2 million (25.6%) increase over FY26 that reflects transfers of staff and funding from the Office of Small Minority and Women Business Affairs (OSBA), the Office of Social Equity (OSE), and the Office of Minority Business Enterprises (OMBE).

Entrade noted staffing totals of 78.5 positions (71 regular and 7.5 contractual FTEs) and reported 20% of…

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