The bill requires the governor’s budget document to include an explanation of how its provisions further the governor’s efforts to ensure equity in the state. It defines “equity” as efforts, regulations, policies, programs, standards, processes, and any other government functions or legal principles intended to do the following:

1. identify and remedy past and present patterns of discrimination or inequality against, and outcome disparities for, any protected class under the state’s anti-discrimination laws;
2. ensure that these patterns, whether intentional or unintentional, are not reinforced or perpetuated; and
3. prevent the emergence and persistence of these patterns in the foreseeable future.

As under existing law, the budget document must also include the governor’s recommendations on the economy, including an analysis of the proposed spending and revenue programs’ impact on employment, production, and purchasing power of the state’s residents and industries.