SB1369
Small Business and Supplier Diversity, Department of; redefines 'small business.'
Summary
As Introduced. Department of Small Business and Supplier Diversity; definitions; small business.
Redefines "small business" for the purpose of programs for the Department of Small Business and Supplier Diversity to allow a cooperative association organized pursuant to Chapter 3 (Cooperative Associations) of Title 13.1 as a nonstock corporation to qualify as a small business if it is at least 51 percent independently ... (More) controlled by one or more members who are U.S. citizens or legal resident aliens and, together with affiliates, has 250 or fewer employees or average annual gross receipts of $10 million or less averaged over the previous three years. The bill also redefines "small business" for the purpose of programs for the Virginia Public Procurement Act to allow a cooperative association organized pursuant to Chapter 3 (Cooperative Associations) of Title 13.1 as a nonstock corporation to qualify as a small business if it is controlled by one or more members who are U.S. citizens or legal resident aliens and, together with affiliates, has 250 or fewer employees or average annual gross receipts of $10 million or less averaged over the previous three years. (Less)-
Bill History
- 01/13/2021 - Senate: Prefiled and ordered printed; offered 01/13/21 21101845D
- 01/13/2021 - Senate: Referred to Committee on General Laws and Technology
- 01/20/2021 - Senate: Impact statement from DPB (SB1369)
- 01/20/2021 - Senate: Reported from General Laws and Technology (15-Y 0-N)
- 01/22/2021 - Senate: Constitutional reading dispensed (37-Y 0-N)
- 01/25/2021 - Senate: Read second time and engrossed
- 01/26/2021 - Senate: Read third time and passed Senate (39-Y 0-N)
- 02/02/2021 - House: Placed on Calendar
- 02/02/2021 - House: Read first time
- 02/02/2021 - House: Referred to Committee on General Laws
- 02/08/2021 - House: Continued to Special Session 1 in General Laws
- 02/09/2021 - House: Assigned GL sub: Open Government/Procurement
- 02/16/2021 - House: Subcommittee recommends reporting (8-Y 0-N)
- 02/18/2021 - House: House committee, floor amendments and substitutes offered
- 02/18/2021 - House: Reported from General Laws with amendment(s) (18-Y 3-N)
- 02/18/2021 - House: Referred to Committee on Appropriations
- 02/21/2021 - House: Assigned App. sub: Commerce Agriculture & Natural Resources
- 02/22/2021 - House: Subcommittee recommends laying on the table (6-Y 2-N)
- 03/01/2021 - House: Left in Appropriations
