Lowers Size Limits for Small Businesses

Latest action (2026-07-21): Continued from last session

Would lower the size limits for a small business in Virginia state contracts, including employee count and average yearly receipts. It would also add a $1.5 million net worth limit for owners.

Virginia Public Procurement Act; definition of "small business," direct procurement, set-asides.

Sponsor details for this state bill are at the source link.

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