Amends Subchapter D of Chapter III of the Charter of the City of Greensboro, as amended, as the title indicates. Alsoprovides that the small business enterprise program authorized under this section supplements but does not replace the requirements of GS 143-128.2, 143-131, or 143-135.5. Provides that goals or efforts to achieve minority-owned and women-owned business participation that are consistent with the requirements of the three previously identified statutes take precedence over the goals for small business enterprise participation established under this section.

Includesa severability clause to provide that if any provisions of the proposed act or its application are held to be invalid, the invalidity does not affect other provisions or applications that can be given effect without the invalid provisions or applications.