Bill Text: VA HB558 | 2020 | Regular Session | Chaptered
Bill Title: Micro-business; enhancement of participation in local procurement.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2020-04-10 - Governor: Acts of Assembly Chapter text (CHAP1123) [HB558 Detail]
Download: Virginia-2020-HB558-Chaptered.html
Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 15.2-965.2 as follows:
§15.2-965.2. Enhancement of micro-business participation in local procurement.
A. Any locality may enact an ordinance to enhance micro-business participation in local government procurement practices. Such measures may include special designation of local micro-businesses, providing technical support to micro-businesses, setting target goals for micro-business participation in the local procurement process, and other reasonable measures intended to promote micro-business participation in the locality.
B. For purposes of this section, "micro-business" means a small, women-owned, or minority-owned business with no more than 25 employees.