It is already otherwise both illegal and/or egregious to spew homophobic and racist slurs, to punch someone in the head, slap them, and push them to the ground, and doing such things to others is also already otherwise "an assault on our values as a community".

So-called "hate crimes" create a situation where there is NOT equal protection under the law, even though that premise is a basic tent of our US Constitution, specifically the 14th Amendment: https://www.law.cornell.edu/constitution/amendmentxiv

"...No state shall make or enforce any law which shall...deny to any person within its jurisdiction the equal protection of the laws."