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HB460 • 2026

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

An Act to amend and reenact § 2.2-1605 of the Code of Virginia, relating to Department of Small Business and Supplier Diversity; powers and duties; employment services organizations and service disabled veteran-owned and military family-owned businesses.

Small Business
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Cohen
Last action
2026-04-22
Official status
Acts of Assembly Chapter
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

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

Department of Small Business and Supplier Diversity; employment services organizations.

What This Bill Does

  • 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.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB460G

2026-04-12 • Governor

Governor's Recommendation

Plain English: (HB460) GOVERNOR'S RECOMMENDATION I approve the general purpose of this bill, but I am returning it without my signature with the request that the attached Amendment in the Nature of a Substitute (26110316D) be accepted.

  • (HB460) GOVERNOR'S RECOMMENDATION I approve the general purpose of this bill, but I am returning it without my signature with the request that the attached Amendment in the Nature of a Substitute (26110316D) be accepted.
HB460H1

2026-04-14 • Governor

Governor Substitute

Plain English: 2026 SESSION HOUSE SUBSTITUTE 26110316D HOUSE BILL NO.

  • 2026 SESSION HOUSE SUBSTITUTE 26110316D HOUSE BILL NO.
  • 460 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the Governor on April 13, 2026) (Patron Prior to Substitute—Delegate Cohen) A BILL to amend and reenact § 2.2-1605 of the Code of Virginia, relating to Department of Small Business and Supplier Diversity; powers and duties; employment services organizations and service disabled veteran-owned and military family-owned businesses.
  • Be it enacted by the General Assembly of Virginia: 1.
  • That § 2.2-1605 of the Code of Virginia is amended and reenacted as follows: § 2.2-1605 .

Bill History

  1. 2026-04-22 Governor

    Governor's recommendation adopted

  2. 2026-04-22 House

    Signed by Speaker

  3. 2026-04-22 Senate

    Signed by President

  4. 2026-04-22 Governor

    Approved by Governor-Chapter 1054 (effective 7/1/2026)

  5. 2026-04-22 House

    Reenrolled

  6. 2026-04-22 House

    Reenrolled bill text (HB460ER2)

  7. 2026-04-22 Governor

    Acts of Assembly Chapter text (CHAP1054)

  8. 2026-04-22 House

    House concurred in Governor's recommendation (88-Y 9-N 0-A)

  9. 2026-04-22 Senate

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

  10. 2026-04-12 Governor

    Governor's recommendation received by House

  11. 2026-03-31 House

    Enrolled Bill communicated to Governor on March 31, 2026

  12. 2026-03-31 Governor

    Governor's Action Deadline 11:59 p.m., April 13, 2026

  13. 2026-03-31 House

    Signed by Speaker

  14. 2026-03-31 House

    Enrolled Bill communicated to Governor on March 31, 2026

  15. 2026-03-31 Governor

    Governor's Action Deadline 11:59 p.m., April 13, 2026

  16. 2026-03-31 House

    Fiscal Impact Statement from Department of Planning and Budget (HB460)

  17. 2026-03-30 Senate

    Signed by President

  18. 2026-03-30 House

    Enrolled

  19. 2026-03-30 House

    Bill text as passed House and Senate (HB460ER)

  20. 2026-03-10 Senate

    Read third time

  21. 2026-03-10 Senate

    Read third time

  22. 2026-03-10 Senate

    Read third time

  23. 2026-03-10 Senate

    Passed Senate (23-Y 17-N 0-A)

  24. 2026-03-09 Senate

    Read third time

  25. 2026-03-09 Senate

    Passed by for the day

  26. 2026-03-06 Senate

    Rules suspended

  27. 2026-03-06 Senate

    Passed by for the day

  28. 2026-03-06 Senate

    Constitutional reading dispensed Block Vote (on 2nd reading) (39-Y 0-N 0-A)

  29. 2026-03-06 Senate

    Passed by for the day Block Vote (Voice Vote)

  30. 2026-03-04 General Laws and Technology

    Reported from General Laws and Technology (11-Y 2-N 2-A)

  31. 2026-02-03 Senate

    Constitutional reading dispensed (on 1st reading)

  32. 2026-02-03 General Laws and Technology

    Referred to Committee on General Laws and Technology

  33. 2026-02-02 House

    Read third time and passed House (90-Y 6-N 0-A)

  34. 2026-01-30 House

    Moved from Uncontested Calendar to Regular Calendar

  35. 2026-01-30 House

    Read second time and engrossed

  36. 2026-01-29 House

    Read first time

  37. 2026-01-27 General Laws

    Reported from General Laws (21-Y 0-N)

  38. 2026-01-22 House

    Fiscal Impact Statement from Department of Planning and Budget (HB460)

  39. 2026-01-22 Professions/Occupations and Administrative Process

    Subcommittee recommends reporting (8-Y 1-N)

  40. 2026-01-19 Professions/Occupations and Administrative Process

    Assigned HGL sub: Professions/Occupations and Administrative Process

  41. 2026-01-12 House

    Prefiled and ordered printed; Offered 01-14-2026 26101359D

  42. 2026-01-12 General Laws

    Referred to Committee on General Laws

Official Summary Text

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.

Current Bill Text

Read the full stored bill text
An Act to amend and reenact §
2.2-1605
of the Code of Virginia, relating to Department of Small Business and Supplier Diversity; powers and duties; employment services organizations and service disabled veteran-owned and military family-owned businesses.
Be it enacted by the General Assembly of Virginia:
1. That §
2.2-1605
of the Code of Virginia is amended and reenacted as follows:
§
2.2-1605
. Powers and duties of Department.
A. The Department shall have the following powers and duties:
1. Coordinate as consistent with prevailing law the plans, programs, and operations of the state government that affect or may contribute to the establishment, preservation, and strengthening of small, women-owned, and minority-owned businesses;
2. Promote the mobilization of activities and resources of state and local governments, businesses and trade associations, baccalaureate institutions of higher education, foundations, professional organizations, and volunteer and other groups towards the growth of small businesses and businesses owned by women and minorities, and facilitate the coordination of the efforts of these groups with those of state departments and agencies;
3. Establish a center for the development, collection, summarization, and dissemination of information that will be helpful to persons and organizations throughout the nation in undertaking or promoting procurement from small, women-owned, and minority-owned businesses;
4. Consistent with prevailing law and availability of funds, and according to the Director's discretion, provide technical and management assistance to small, women-owned, and minority-owned businesses and defray all or part of the costs of pilot or demonstration projects that are designed to overcome the special problems of small, women-owned, and minority-owned businesses;
5. Advise the Small Business Financing Authority on the management and administration of the Small, Women-owned, and Minority-owned Business Loan Fund created pursuant to §
2.2-2311.1
;
6. Implement any remediation or enhancement measure for small, women-owned, or minority-owned businesses as may be authorized by the Governor pursuant to subsection C of §
2.2-4310
and develop regulations, consistent with prevailing law, for program implementation. Such regulations shall be developed in consultation with the state agencies with procurement responsibility and promulgated by those agencies in accordance with applicable law;
7. Receive and coordinate, with the appropriate state agency, the investigation of complaints that a business certified pursuant to this chapter has failed to comply with its subcontracting plan under subsection D of §
2.2-4310
. If the Department determines that a business certified pursuant to this chapter has failed to comply with the subcontracting plan, the business shall provide a written explanation; and
8. Facilitate relationships between established businesses and start-up women-owned and minority-owned businesses by creating and administering a mentorship program under the provisions of §
2.2-1605.1
.
B. In addition, the Department shall serve as the liaison between the Commonwealth's existing businesses and state government in order to promote the development of Virginia's economy. To that end, the Department shall:
1. Encourage the training or retraining of individuals for specific employment opportunities at new or expanding business facilities in the Commonwealth;
2. Develop and implement programs to assist small businesses in the Commonwealth in order to promote their growth and the creation and retention of jobs for Virginians;
3. Establish an industry program that is the principal point of communication between basic employers in the Commonwealth and the state government that will address issues of significance to business;
4. Make available to existing businesses, in conjunction and cooperation with localities, chambers of commerce, and other public and private groups, basic information and pertinent factors of interest and concern to such businesses;
5. Develop statistical reports on job creation and the general economic conditions in the Commonwealth;
and
6. Annually review and provide feedback on SWaM plans. The review shall focus on strategies state agencies can use to improve SWaM spending, increase procurement of goods and services from SWaM businesses, and meet procurement goals outlined in SWaM plans. The Department shall encourage state agencies to integrate such strategies with all current and future procurements. The Department shall suggest strategies that may be more effective or changes to strategies that have not been effective. Upon request of a state agency, the Department shall meet with the state agency one-on-one to discuss its SWaM goals and strategies and advise it on effective strategies. The Department shall research and compile information that state agencies can use to increase SWaM spending and shall develop and publish guidance on how state agencies can implement these strategies
; and
7. Coordinate with the Department of General Services and other state agencies with procurement responsibility to enhance the participation of employment services organizations and service disabled veteran-owned and military family-owned businesses, as those terms are defined in §
2.2-4310
, in procurement transactions
.
C. All agencies of the Commonwealth shall assist the Department upon request and furnish such information and assistance as the Department may require in the discharge of its duties.