Public Procurement Act; bid match preference for State businesses. (SB79)
Introduced By
Sen. John Watkins (R-Midlothian)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Public Procurement Act; bid match preference for Virginia businesses. Provides a bid match preference for Virginia business. Under the bill, a Virginia business has an opportunity to match the lowest bid of an out-of-state bidder if the bid of a Virginia business is within five percent or $10,000 of the lowest bid of an out-of-state bidder, whichever is less. The bill also provides that to be deemed a resident of Virginia, a Virginia person, firm, or corporation must have paid unemployment taxes or income taxes in Virginia in addition to being organized pursuant to Virginia law or maintaining a principal place of business within Virginia. Read the Bill »
Status
01/30/2012: Failed to Pass in Committee
History
Date | Action |
---|---|
01/05/2012 | Prefiled and ordered printed; offered 01/11/12 12100789D |
01/05/2012 | Referred to Committee on General Laws and Technology |
01/19/2012 | Impact statement from DPB (SB79) |
01/24/2012 | Assigned GL&T sub: #2 |
01/30/2012 | Passed by indefinitely in General Laws and Technology (14-Y 0-N) (see vote tally) |