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2019 SESSION
HB 2164 Small Business and Supplier Diversity, Department of; redefines "small business."
Introduced by: Glenn R. Davis | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
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.
FULL TEXT
HISTORY
- 01/08/19 House: Prefiled and ordered printed; offered 01/09/19 19102026D
- 01/08/19 House: Referred to Committee on General Laws
- 01/21/19 House: Assigned GL sub: Subcommittee #4
- 01/29/19 House: Subcommittee recommends reporting (6-Y 1-N)
- 01/29/19 House: Subcommittee recommends referring to Committee on Appropriations
- 01/31/19 House: Reported from General Laws (15-Y 6-N)
- 01/31/19 House: Referred to Committee on Appropriations
- 02/01/19 House: Assigned App. sub: Commerce, Agriculture, Natural Resources & Technology
- 02/01/19 House: Subcommittee recommends laying on the table (8-Y 0-N)
- 02/05/19 House: Left in Appropriations