HB 61: Small SWaM Business Procurement Enhancement Program; established, report.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Department of Small Business and Supplier Diversity; Small SWaM Business Procurement Enhancement Program established. Establishes the Small SWaM Business Procurement Enhancement Program with a statewide goal of 42 percent of certified small SWaM business, as such term is defined in the bill, utilization in all discretionary spending by executive branch agencies and covered institutions in procurement orders, prime contracts, and subcontracts, as well as a target goal of 50 percent subcontracting to small SWaM businesses in instances where the prime contractor is not a small SWaM business for all new capital outlay construction solicitations that are issued. The bill provides that executive branch agencies and covered institutions are required to increase their small SWaM business utilization rates by three percent per year until reaching the 42-percent target or, if unable to do so, to implement achievable goals to increase their utilization rates. In addition, the bill provides for a small SWaM business set-aside for executive branch agency and covered institution purchases of goods, services, and construction, requiring that purchases between $10,000 and $200,000 be set aside for award to certified small SWaM businesses, and a microbusiness set-aside for such purchases, requiring that such purchases up to $10,000 be set aside for award to microbusinesses.The bill creates the Division of Procurement Enhancement within the Department of Small Business and Supplier Diversity for purposes of collaborating with the Department of General Services, the Virginia Information Technologies Agency, the Department of Transportation, the State Council of Higher Education for Virginia, and covered institutions to further the Commonwealth's efforts to meet the goals established under the Small SWaM Business Procurement Enhancement Program, as well as implementing initiatives to enhance the development of small businesses, microbusinesses, women-owned businesses, minority-owned businesses, and service disabled veteran-owned businesses in the Commonwealth.Finally, the bill requires the Director of the Department of Small Business and Supplier Diversity to conduct, or contract with an independent entity to conduct, a disparity study every five years, with the next disparity study due no later than January 1, 2031. The bill specifies that such study shall evaluate the need for enhancement and remedial measures to address the disparity between the availability and the utilization of women-owned and minority-owned businesses.

Sponsors

Sponsors by party (alphabetical): Democratic 7

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. April 13, 2026Governor's recommendation received by House
2. March 17, 2026Fiscal Impact Statement from Department of Planning and Budget (HB61)
3. March 14, 2026Governor's Action Deadline 11:59 p.m., April 13, 2026
4. March 14, 2026Enrolled Bill communicated to Governor on March 14, 2026
5. March 13, 2026Signed by President
6. March 13, 2026Signed by Speaker
7. March 13, 2026Bill text as passed House and Senate (HB61ER)
8. March 13, 2026Enrolled
9. March 11, 2026Fiscal Impact Statement from Department of Planning and Budget (HB61)
10. March 6, 2026Senate substitute agreed to by House (62-Y 36-N 0-A)
11. March 4, 2026Passed Senate with substitute (21-Y 19-N 0-A)
12. March 4, 2026Engrossed by Senate - committee substitute

Showing 12 most recent of 40 actions. Full history