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 incorporates HB 164, HB 341, and HB 1154.

Statutes affected:
House: Presented and ordered printed 24105285D: 2.2-4324
House: Committee substitute printed 24107206D-H1: 2.2-4324
Senate: Committee substitute printed 24108135D-S1: 2.2-4324
House: Conference substitute printed 24109155D-H2: 2.2-4324
House: Bill text as passed House and Senate (HB1361ER): 2.2-4324
Governor: Acts of Assembly Chapter text (CHAP0749): 2.2-4324