HB 1015 Public Procurement Act; bid match preference for State businesses.
Barbara J. Comstock | all patrons    ...    notes
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Summary as introduced:
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.

Full text:
01/11/12  House: Prefiled and ordered printed; offered 01/11/12 12103929D  pdf | impact statement

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