RD924 - Virginia Resident Preference Report – January 8, 2025


Executive Summary:

SB260 was introduced and passed during the 2024 Legislative Session creating new preferences under the Virginia Public Procurement Act. Such preferences went into effect on July 1, 2024, and will expire July 1, 2027. This bill also mandated the Department of General Services to submit a report regarding the efficacy of the preferences and any retaliatory action taken by other states.