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2015 SESSION
SB 885 Small Business and Supplier Diversity, Department of; clarifies definition of small business.
Introduced by: J. Chapman Petersen | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
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 meet the small business size standards established by the regulations of the U.S. Small Business Administration. Currently, a small business is required to have 250 or fewer employees or average annual gross receipts of $10 million or less averaged over the previous three years. The bill requires the Secretary of Commerce and Trade to convene a workgroup of interested stakeholders to examine the definition of small business in the Code of Virginia and report its findings and recommendations to the Governor and General Assembly on or before December 1, 2015. The bill will not become effective unless reenacted by the 2016 Session of the General Assembly. This bill is identical to HB 1901.
FULL TEXT
- 01/07/15 Senate: Prefiled and ordered printed; offered 01/14/15 15100878D pdf | impact statement
- 02/09/15 Senate: Committee substitute printed 15104598D-S1 pdf | impact statement
- 02/17/15 House: Committee substitute printed 15105234D-H1 pdf | impact statement
- 02/17/15 House: Substitute bill reprinted 15105234D-H1 pdf | impact statement
- 03/06/15 Senate: Bill text as passed Senate and House (SB885ER) pdf | impact statement
- 03/23/15 Governor: Acts of Assembly Chapter text (CHAP0441) pdf
AMENDMENTS
HISTORY
- 01/07/15 Senate: Prefiled and ordered printed; offered 01/14/15 15100878D
- 01/07/15 Senate: Referred to Committee on General Laws and Technology
- 02/09/15 Senate: Committee substitute printed 15104598D-S1
- 02/09/15 Senate: Reported from General Laws and Technology with substitute (15-Y 0-N)
- 02/10/15 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/10/15 Senate: Read second time
- 02/10/15 Senate: Reading of substitute waived
- 02/10/15 Senate: Committee substitute agreed to 15104598D-S1
- 02/10/15 Senate: Engrossed by Senate - committee substitute SB885S1
- 02/10/15 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/10/15 Senate: Passed Senate (36-Y 1-N)
- 02/12/15 House: Placed on Calendar
- 02/12/15 House: Read first time
- 02/12/15 House: Referred to Committee on General Laws
- 02/17/15 House: Reported from General Laws with substitute (21-Y 0-N)
- 02/17/15 House: Committee substitute printed 15105234D-H1
- 02/17/15 House: Substitute bill reprinted 15105234D-H1
- 02/18/15 House: Read second time
- 02/19/15 House: Read third time
- 02/19/15 House: Committee substitute agreed to 15105234D-H1
- 02/19/15 House: Engrossed by House - committee substitute SB885H1
- 02/19/15 House: Passed House with substitute (100-Y 0-N)
- 02/19/15 House: VOTE: PASSAGE (100-Y 0-N)
- 02/23/15 Senate: House substitute rejected by Senate (0-Y 40-N)
- 02/24/15 House: House insisted on substitute
- 02/24/15 House: House requested conference committee
- 02/25/15 Senate: Senate acceded to request (37-Y 0-N)
- 02/25/15 Senate: Conferees appointed by Senate
- 02/25/15 Senate: Senators: Petersen, Stuart, Garrett
- 02/26/15 House: Conferees appointed by House
- 02/26/15 House: Delegates: Lopez, Gilbert, Knight
- 02/26/15 Conference: Amended by conference committee
- 02/26/15 Senate: Conference report agreed to by Senate (37-Y 1-N)
- 02/26/15 House: Conference report agreed to by House (96-Y 0-N)
- 02/26/15 House: VOTE: ADOPTION (96-Y 0-N)
- 03/06/15 Senate: Enrolled
- 03/06/15 Senate: Bill text as passed Senate and House (SB885ER)
- 03/06/15 House: Signed by Speaker
- 03/07/15 Senate: Signed by President
- 03/10/15 Senate: Enrolled Bill Communicated to Governor on 3/10/15
- 03/10/15 Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
- 03/23/15 Governor: Approved by Governor-Chapter 441 (effective - see bill)
- 03/23/15 Governor: Acts of Assembly Chapter text (CHAP0441)