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2007 SESSION

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SB 768 Small business; change in definition.

Introduced by: Mamie Locke | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Department of Minority Business Enterprise; definition of small business.  Requires a business to have both 250 or fewer employees and average annual gross receipts of $10 million or less averaged over the previous three years to fit the definition of "small business."  Currently a business must have either 250 or fewer employees or average annual gross receipts of $10 million or less averaged over the previous three years to fit the definition.


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