VirginiaHB4602026 Regular SessionHouseWALLET

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

Sponsored By: Laura Jane Cohen (Democratic)

Became Law

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

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

Training for jobs at new facilities

The Department promotes training and retraining for jobs at new or expanding business sites. Job seekers get training that matches employer needs. Employers gain access to more trained applicants.

Mentors and project help for new diverse firms

The Department offers technical and management help to small, women‑, and minority‑owned businesses. It can pay part of the costs for pilot projects to solve common business problems, when funds are available and the Director approves. It also runs a mentorship program that links start‑ups with established firms. The Department advises the state financing authority on how the small and diverse business loan fund is managed.

More state contracts for small and diverse firms

The Department now pushes agencies to buy more from small, women‑, and minority‑owned businesses. It coordinates state programs, reviews agency plans each year, and gives feedback to raise spending with these firms. It runs an information center that gathers and shares buying opportunities. It also brings together governments, colleges, trade groups, and others to support these businesses.

Programs to grow small business jobs

The Department develops and runs programs to help small businesses expand. The goal is to create and keep jobs for Virginians. The law does not list specific funding or program limits.

Fairer subcontracting with new oversight rules

The Department implements Governor‑authorized measures to boost small, women‑, and minority‑owned participation and writes rules with procurement agencies. It takes in complaints when a certified business does not follow its subcontracting plan and coordinates investigations. If a certified business is found noncompliant, it must give a written explanation. These steps protect fair subcontracting and clarify enforcement.

More state buying from veteran and related firms

The Department teams with procurement agencies to increase state buying from service‑disabled veteran‑owned and military family‑owned businesses, and employment services organizations. This coordination aims to open more contract chances. The law does not set quotas or funding levels.

Single contact and info hub for employers

The Department sets up a main channel between employers and state government to solve business issues. It shares basic information for existing businesses with help from localities and business groups. All state agencies must provide information and assistance to the Department when asked.

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

Senate vote 4/22/2026

Senate concurred in Governor's recommendation

Yes: 21 • No: 18

House vote 4/22/2026

House concurred in Governor's recommendation

Yes: 88 • No: 9

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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