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Tuesday, July 7, 2026

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VA · HB61FINAL · 7 COSPONSORS

Small SWaM Business Procurement Enhancement Program; established, report.

Where it is in the process
Plain-English Summary

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…

Source: OpenStates · fetched April 22, 2026

Who it affects
W-2 worker (non-union)indirect

May increase opportunities for small businesses to secure contracts and subcontracts, potentially leading to more employment opportunities for workers.

AI-extracted
Who This AffectsAI analysis
  • W-2 worker (non-union)indirectModerate impactMedium certainty

    May increase opportunities for small businesses to secure contracts and subcontracts, potentially leading to more employment opportunities for workers.

    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…· Department of Small Business and Supplier Diversity
What the Bill Does
  • Establishes the Small SWaM Business Procurement Enhancement Program.
  • Sets a statewide goal of 42% utilization of certified small SWaM businesses in discretionary spending by executive branch agencies and covered institutions.
  • Includes a target goal of 50% subcontracting for small SWaM businesses.
Votes
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VA HB61: Small SWaM Business Procurement Enhancement Program; established, report. · CivicRadar | CivicRadar