VA HB1015 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Republican 15-0)
Status: Introduced on January 11 2012 - 25% progression, died in committee
Action: 2012-02-14 - House: Left in General Laws
Pending: House General Laws Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Public Procurement Act; bid match preference for Virginia businesses. Provides, for contracts not expected to exceed $5 million, a bid match preference for Virginia business. Under the bill, a Virginia business has an opportunity to match the lowest bid of an out-of-state bidder if the bid of a Virginia business is within five percent or $10,000, whichever is less, of the lowest bid of an out-of-state bidder. The bill also provides that to be deemed a resident of Virginia, a Virginia person, firm, or corporation must have paid unemployment taxes or income taxes in Virginia in addition to being organized pursuant to Virginia law or maintaining a principal place of business within Virginia. The bill has a three-year sunset provision.

Tracking Information

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Title

Public Procurement Act; bid match preference for State businesses.

Sponsors


History

DateChamberAction
2012-02-14 House: Left in General Laws
2012-02-02 House: Subcommittee recommends incorporating (HB334-Villanueva) by voice vote
2012-01-27 House: Assigned GL sub: #2 FOIA/Procurement
2012-01-11 House: Referred to Committee on General Laws
2012-01-11 House: Prefiled and ordered printed; offered 01/11/12 12103929D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
224324(n/a)See Bill Text

Virginia State Sources


Bill Comments

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