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Bill > HB2328
VA HB2328
VA HB2328Virginia Public Procurement Act; proscribed subcontracting by certain small businesses.
summary
Introduced
01/08/2019
01/08/2019
In Committee
02/11/2019
02/11/2019
Crossed Over
01/29/2019
01/29/2019
Passed
02/19/2019
02/19/2019
Dead
Vetoed
05/03/2019
05/03/2019
Introduced Session
2019 Regular Session
Bill Summary
Virginia Public Procurement Act; proscribed subcontracting by certain small businesses. Prohibits a small business from subcontracting with any other business with which it has an affiliated business entity relationship if such small business (i) has been awarded a contract by a public body as part of an enhancement or remedial measure authorized by the Governor and (ii) the award of such contract is conditioned upon the small business's qualification as part of a subcategory of small businesses established as part of the enhancement program.
AI Summary
This bill prohibits a small business from subcontracting with any other business with which it has an affiliated business entity relationship, if that small business (i) has been awarded a contract by a public body as part of an enhancement or remedial measure authorized by the Governor and (ii) the award of such contract is conditioned upon the small business's qualification as part of a subcategory of small businesses established as part of the enhancement program. The bill defines an "affiliated business entity relationship" as one where there is a controlling ownership interest, shared controlling ownership, or shared management or control between the two businesses.
Committee Categories
Justice
Sponsors (3)
Last Action
Governor: Vetoed by Governor (on 05/03/2019)
Official Document
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