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2015 SESSION

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HB 1797 Department of Small Business and Supplier Diversity; definition of small business.

Introduced by: Barry D. Knight | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

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.


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