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2018 SESSION

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HB 1568 Small Business and Supplier Diversity, Department of; small business development programs.

Introduced by: R. Steven Landes | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Virginia Economic Development Partnership Authority; Department of Small Business and Supplier Diversity; small business development programs. Transfers the administration of the Small Business Jobs Grant Fund Program and the Small Business Investment Grant Fund from the Department of Small Business and Supplier Diversity to the Virginia Economic Development Partnership Authority.

SUMMARY AS INTRODUCED:

Virginia Economic Development Partnership Authority; Department of Small Business and Supplier Diversity; Office of Small Business Assistance and Certification; small business development programs. Abolishes the Department of Small Business and Supplier Diversity and transfers its functions and programs to the newly created Office of Small Business Assistance and Certification under the Secretary of Administration and the Virginia Economic Development Partnership Authority. Administration of the Small Business Jobs Grant Fund Program, the Small Business Investment Grant Fund, and the small business loan programs of the Small Business Financing Authority are transferred to the Virginia Economic Development Partnership Authority. Functions related to certification and procurement enhancement for small, women-owned, and minority-owned business and administration of the one-stop small business permitting program are transferred to the Office of Small Business Assistance and Certification.