VirginiaHB4602026 Regular SessionHouseWALLET

Small Business & Supplier Diversity, Dept. of; powers & duties, employment services organizations.

Sponsored By: Laura Jane Cohen (Democratic)

Signed by Governor

Summary

Department of Small Business and Supplier Diversity; employment services organizations. Amends provisions related to the powers and duties of the Department of Small Business and Supplier Diversity to allow the Department to implement any remediation or enhancement measure for employment services organizations as may be authorized by the Governor pursuant to existing law and develop regulations for program implementation. The bill also directs the Department to amend relevant regulations of the Virginia Administrative Code to reflect the intent of the General Assembly to specifically reference "employment services organizations" in such regulations.

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Bill Overview

Analyzed Economic Effects

6 provisions identified: 5 benefits, 1 costs, 0 mixed.

More state purchasing support for businesses

The Department creates an information center to support purchasing from small, women-owned, and minority-owned businesses. It reviews state agencies' business purchasing plans each year and gives feedback to improve spending strategies and meet purchasing goals. It researches and publishes guidance, and is encouraged to connect strategies with current and future purchases or suggest alternatives. It carries out measures to help these businesses when the Governor authorizes them. It develops rules with state purchasing agencies, which issue them under applicable law; no contract or payment is guaranteed.

More support for Virginia small businesses

Virginia's Department of Small Business and Supplier Diversity develops programs to help small businesses grow and create or keep jobs. It may give small, women-owned, and minority-owned businesses technical and management help. It may pay some or all costs of pilot projects addressing these businesses' special problems, subject to available funds, law, and the Director's approval. It creates a mentorship program connecting established businesses with women- or minority-owned start-ups. It also advises the Small Business Financing Authority on managing the Small, Women-owned, and Minority-owned Business Loan Fund.

Training support for new Virginia jobs

The Department must encourage training or retraining for specific jobs at new or expanding business facilities in Virginia. The law does not guarantee anyone training, a job, or a payment.

Purchasing support for military-linked businesses

The Department must work with the Department of General Services and other state purchasing agencies to increase participation in state purchasing. This duty covers employment services organizations, service-disabled veteran-owned businesses, and military family-owned businesses. Existing state procurement law defines these groups. The law does not guarantee a contract or payment.

Stronger government links for Virginia businesses

The Department links small, women-owned, and minority-owned businesses with state government and coordinates state programs affecting them under existing law. It brings together support from governments, businesses, colleges, foundations, trade and professional groups, and volunteers. It shares information with existing businesses through local governments, chambers of commerce, and other groups. It establishes an industry program as the main contact between basic employers and state government, and reports on jobs and economic conditions. All state agencies must provide the information and help the Department requests to carry out its duties.

Certified businesses must explain subcontracting failures

The Department receives complaints that certified businesses failed to follow subcontracting plans covered by state procurement law. It coordinates investigations with the responsible state agency. A certified business must provide a written explanation after the Department finds that it failed to follow its plan. This provision sets no fine or other monetary penalty.

Sponsors & Cosponsors

Sponsor

  • Laura Jane Cohen

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 301 • No: 53

House vote • 4/22/2026

House concurred in Governor's recommendation

Yes: 88 • No: 9

Senate vote • 4/22/2026

Senate concurred in Governor's recommendation

Yes: 21 • No: 18

Senate vote • 3/10/2026

Passed Senate

Yes: 23 • No: 17

Senate vote • 3/6/2026

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 39 • No: 0

Senate vote • 3/6/2026

Passed by for the day Block Vote (Voice Vote)

Yes: 0 • No: 0

Senate vote • 3/4/2026

Reported from General Laws and Technology

Yes: 11 • No: 2 • Other: 2

House vote • 2/2/2026

Read third time and passed House

Yes: 90 • No: 6

House vote • 1/27/2026

Reported from General Laws

Yes: 21 • No: 0

House vote • 1/22/2026

Subcommittee recommends reporting

Yes: 8 • No: 1

Actions Timeline

  1. Senate concurred in Governor's recommendation (21-Y 18-N 0-A)

    4/22/2026Senate
  2. House concurred in Governor's recommendation (88-Y 9-N 0-A)

    4/22/2026House
  3. Acts of Assembly Chapter text (CHAP1054)

    4/22/2026Governor
  4. Reenrolled bill text (HB460ER2)

    4/22/2026House
  5. Approved by Governor-Chapter 1054 (effective 7/1/2026)

    4/22/2026Governor
  6. Signed by President

    4/22/2026Senate
  7. Signed by Speaker

    4/22/2026House
  8. Governor's recommendation adopted

    4/22/2026Governor
  9. Governor's recommendation received by House

    4/12/2026Governor
  10. Fiscal Impact Statement from Department of Planning and Budget (HB460)

    3/31/2026House
  11. Governor's Action Deadline 11:59 p.m., April 13, 2026

    3/31/2026Governor
  12. Enrolled Bill communicated to Governor on March 31, 2026

    3/31/2026House
  13. Signed by Speaker

    3/31/2026House
  14. Bill text as passed House and Senate (HB460ER)

    3/30/2026House
  15. Enrolled

    3/30/2026House
  16. Signed by President

    3/30/2026Senate
  17. Passed Senate (23-Y 17-N 0-A)

    3/10/2026Senate
  18. Read third time

    3/10/2026Senate
  19. Passed by for the day

    3/9/2026Senate
  20. Passed by for the day Block Vote (Voice Vote)

    3/6/2026Senate
  21. Constitutional reading dispensed Block Vote (on 2nd reading) (39-Y 0-N 0-A)

    3/6/2026Senate
  22. Rules suspended

    3/6/2026Senate
  23. Reported from General Laws and Technology (11-Y 2-N 2-A)

    3/4/2026Senate
  24. Referred to Committee on General Laws and Technology

    2/3/2026Senate
  25. Constitutional reading dispensed (on 1st reading)

    2/3/2026Senate

Bill Text

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