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2022 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Subramanyam
HB 966: VPPA Small and Micro-Business Set-Asides

Item 82 #1h

Item 82 #1h

First Year - FY2023 Second Year - FY2024
Administration
Department of General Services FY2023 $50,000 FY2024 $0 GF

Language
Page 68, line 20, strike "$66,830,235" and insert "$66,880,235".


Explanation

(This amendment provides funding in the first year for the provisions of House Bill 966 as they relate to an executive branch set-aside program for small and micro-businesses. Specifically, the bill directs each executive branch agency to establish a set-aside program for award to small businesses certified by the Department of Small Business and Supplier Diversity (DSBSD). The purchase thresholds set out in the bill are for purchases (i) up to $100,000 for goods, nonprofessional services, and construction, or (ii) up to $80,000 for professional services. The bill also requires that purchases under $10,000 be set-aside for award to micro-businesses, certified by DSBSD as having 25 or fewer employees and average annual gross receipts of $3 million or less over the previous three years. The bill stipulates that the price quoted must still be fair and reasonable for all set-asides. This is a placeholder amendment until a final fiscal impact statement is produced.)