Department of Small Business and Supplier Diversity; definition of small business. (HB1797)

Introduced By

Del. Barry Knight (R-Virginia Beach)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Department of Small Business and Supplier Diversity; definition of small business. Changes the definition of small business to require the business, together with affiliates, to have 250 or fewer employees and average annual gross receipts of $10 million or less averaged over the previous three years. Currently, a small business is required to meet one or the other of these conditions. Amends § 2.2-4310, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2015Committee
01/13/2015Prefiled and ordered printed; offered 01/14/15 15101579D
01/13/2015Referred to Committee on General Laws
01/20/2015Assigned GL sub: Subcommittee #2
01/30/2015Impact statement from DPB (HB1797)
02/05/2015Subcommittee recommends striking from docket
02/05/2015Stricken from docket by General Laws