Virginia Public Procurement Act; Virginia resident preference. Provides preference as it relates to procurement for a bidder who is a resident of Virginia and then a bidder whose goods are produced in the United States. For the procurement of goods by manufacturers, when the lowest responsive and responsible bidder is not a resident of Virginia and the bid of any Virginia resident is within 10 percent of such bid, the bill gives the lowest responsive and responsible bidder that is a Virginia resident the option to match the price of the lowest responsive and responsible bidder. Furthermore, if the lowest responsive and responsible bidder is a resident of another state and such state allows a resident a percentage preference or price-matching preference for the procurement of goods, the bill grants a like preference to responsive and responsible bidders who are residents of Virginia. Under the bill, an eligible bidder that is a Virginia resident shall be granted the greater of either preference. The bill exempts a public body from the provisions of the bill if such public body is rendered ineligible to receive federal funding due to the provisions of the bill. The bill has an expiration date of July 1, 2027.
Finally, the bill directs the Department of General Services to report to the General Assembly regarding the bill's efficacy, including any retaliatory action taken by other states, no later than the first day of the 2025 Regular Session.This bill is identical to HB 1361.

Statutes affected:
Senate: Prefiled and ordered printed; offered 01/10/24 24102218D: 2.2-4324
Senate: Committee substitute printed 24105244D-S1: 2.2-4324
Senate: Committee substitute printed 24107632D-S2: 2.2-4324
House: Committee substitute printed 24107970D-H1: 2.2-4324
Senate: Bill text as passed Senate and House (SB260ER): 2.2-4324
Senate: Governor's substitute printed 24109241D-S3: 2.2-4324
Senate: Reenrolled bill text (SB260ER2): 2.2-4324
Governor: Acts of Assembly Chapter text (CHAP0782): 2.2-4324