Small Business and Supplier Diversity, Department of; redefines 'small business.' (HB346)
Introduced By
Del. Glenn Davis (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Department of Small Business and Supplier Diversity; definitions; small business. Redefines "small business" for the purposes of programs for the Department of Small Business and Supplier Diversity and the Virginia Public Procurement Act to mean a business that together with its affiliates has both 250 or fewer employees and average annual gross receipts, less the cost of goods sold by the business, of $10 million or less averaged over the previous three years. Currently for these programs, a business qualifies as a small business if, together with its affiliates, it has either 250 or fewer employees or average annual gross receipts of $10 million or less averaged over the previous three years. Read the Bill »
Status
12/04/2020: Failed to Pass in Committee
History
Date | Action |
---|---|
01/01/2020 | Prefiled and ordered printed; offered 01/08/20 20103149D |
01/01/2020 | Referred to Committee on General Laws |
01/17/2020 | Assigned GL sub: Open Government/Procurement |
02/04/2020 | House subcommittee amendments and substitutes offered |
02/04/2020 | Subcommittee recommends continuing to 2021 |
02/06/2020 | Continued to 2021 in General Laws |
12/04/2020 | Left in General Laws |