SB263
Virginia Public Procurement Act; certification for service disabled veteran-owned businesses, etc.
Status:
In Senate
Latest Action:
Jan. 21, 2026
Senate: Continued to next session in General Laws and Technology (10-Y 5-N)
Chief Patron:
Bill Stanley (R)
Session:
2026 Regular Session
Summary
As Introduced. Department of Small Business and Supplier Diversity; Virginia Public Procurement Act; certification for service disabled veteran-owned businesses and veteran-owned businesses; participation requirements; penalty.
Provides that the Director of the Department of Small Business and Supplier Diversity may adopt regulations to implement certification programs for service disabled veteran-owned businesses and veteran-owned businesses in the Commonwealth and adds such businesses to the definition of 'SWaM' and relevant provisions. The bill requires each public body to ... (More) annually award at least one percent of its contract dollars to service disabled veteran-owned and veteran-owned businesses under the Virginia Public Procurement Act and requires each public body that has annual procurement expenditures exceeding $10 million to designate a Veteran Business Procurement Liaison. (Less)-
Bill History
- 01/12/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26101924D
- 01/12/2026 - Senate: Referred to Committee on General Laws and Technology
- 01/21/2026 - Senate: Continued to next session in General Laws and Technology (10-Y 5-N)
