Small Business and Supplier Diversity, Department of; clarifies definition of small business. (SB885)

Introduced By

Sen. Chap Petersen (D-Fairfax) with support from co-patron Del. Marcus Simon (D-Falls Church)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


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. This bill is a recommendation of the General Laws Special Joint Subcommittee Studying the Virginia Public Procurement Act. Read the Bill »


Bill Has Passed


01/07/2015Prefiled and ordered printed; offered 01/14/15 15100878D
01/07/2015Referred to Committee on General Laws and Technology
01/30/2015Impact statement from DPB (SB885)
02/09/2015Committee substitute printed 15104598D-S1
02/09/2015Reported from General Laws and Technology with substitute (15-Y 0-N) (see vote tally)
02/10/2015Read second time
02/10/2015Reading of substitute waived
02/10/2015Committee substitute agreed to 15104598D-S1
02/10/2015Engrossed by Senate - committee substitute SB885S1
02/10/2015Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/10/2015Passed Senate (36-Y 1-N) (see vote tally)
02/12/2015Placed on Calendar
02/12/2015Read first time
02/12/2015Referred to Committee on General Laws
02/13/2015Impact statement from DPB (SB885S1)
02/17/2015Reported from General Laws with substitute (21-Y 0-N) (see vote tally)
02/17/2015Committee substitute printed 15105234D-H1
02/17/2015Substitute bill reprinted 15105234D-H1
02/18/2015Impact statement from DPB (SB885H1)
02/18/2015Read second time
02/19/2015Read third time
02/19/2015Committee substitute agreed to 15105234D-H1
02/19/2015Engrossed by House - committee substitute SB885H1
02/19/2015Passed House with substitute (100-Y 0-N)
02/19/2015VOTE: PASSAGE (100-Y 0-N) (see vote tally)
02/23/2015House substitute rejected by Senate (0-Y 40-N) (see vote tally)
02/24/2015House insisted on substitute
02/24/2015House requested conference committee
02/25/2015Senate acceded to request (37-Y 0-N) (see vote tally)
02/25/2015Conferees appointed by Senate
02/25/2015Senators: Petersen, Stuart, Garrett
02/26/2015Conferees appointed by House
02/26/2015Delegates: Lopez, Gilbert, Knight
02/26/2015C Amended by conference committee
02/26/2015Conference report agreed to by Senate (37-Y 1-N) (see vote tally)
02/26/2015Conference report agreed to by House (96-Y 0-N)
02/26/2015VOTE: ADOPTION (96-Y 0-N) (see vote tally)
03/06/2015Bill text as passed Senate and House (SB885ER)
03/06/2015Signed by Speaker
03/07/2015Signed by President
03/09/2015Impact statement from DPB (SB885ER)
03/10/2015Enrolled Bill Communicated to Governor on 3/10/15
03/10/2015G Governor's Action Deadline Midnight, Sunday, March 29, 2015
03/23/2015G Approved by Governor-Chapter 441 (effective - see bill)
03/23/2015G Acts of Assembly Chapter text (CHAP0441)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 2 minutes.

Duplicate Bills

The following bills are identical to this one: HB1901.