Small Business Definition |
Defining Small Businesses in Virginia
Background
HB 1901, which passed during Virginia’s last legislative session, changes the definition of small business to require the business, together with affiliates, to meet the small business size standards established by the regulations of the U.S. Small Business Administration.
The bill will not become effective unless reenacted by the 2016 Session of the General Assembly.
We’d like your help determining how this change might impact Virginia’s architecture firms.
HB 1901, which passed during Virginia’s last legislative session, changes the definition of small business to require the business, together with affiliates, to meet the small business size standards established by the regulations of the U.S. Small Business Administration.
The bill will not become effective unless reenacted by the 2016 Session of the General Assembly.
We’d like your help determining how this change might impact Virginia’s architecture firms.