HB 897

Abstract

Department of Small Business and Supplier Diversity; guidance to small businesses; identification of enforcement actions; work group; report. Requires the Department of Small Business and Supplier Diversity to develop and provide guidance to businesses with newly approved permits and established businesses regarding responsibilities and requirements for maintaining such business that includes information identifying any regularly occurring required report to a state agency and any associated fees, penalties, or waivers. The bill requires each state agency to annually report any enforcement action taken by the agency against a small business in the previous calendar year that specifies each infraction and the enforcement action taken by the agency. The bill requires the Department to post de-identified aggregated data by state agency and infraction type from such reports on its website. The bill requires the Department to convene a work group to identify and recommend means to provide relief to small businesses regarding regularly occurring required reports to state agencies. The work group is required to identify each such report and consider (i) if such report can be required less frequently or eliminated; (ii) if the required information has not changed since the previous report, allowing the small business to satisfy the reporting requirement by indicating that there has been no change; (iii) establishing a waiver or lowering the threshold to qualify for an existing waiver; (iv) reducing or eliminating any penalty for noncompliance; and (v) any other means to reduce the regulatory burden on small businesses. The Department is required to report its findings and recommendations to the General Assembly by November 1, 2024.

A BILL to amend and reenact § 2.2-1617 of the Code of Virginia, relating to the Department of Small Business and Supplier Diversity; guidance to small businesses; identification of enforcement actions; work group; report. 24104751D