Va. Public Procurement Act; preference for goods produced in Virginia, U.S., & Va. resident bidders.

Virginia Public Procurement Act; preference for products made or manufactured in Virginia and the U.S.; recyclable content; report. Provides preference for a bidder who is a resident of Virginia over a bidder who is a resident of any other state in determining the award for any contract for goods, services, or construction under the Virginia Public Procurement Act. When a bidder is a resident of Virginia and the lowest responsive and responsible bidder is a resident of another state, the Virginia resident shall be given the option to match the price of the nonresident bidder. The bill directs the Secretary of Commerce and Trade to convene a stakeholder work group to recommend revisions to the recyclable materials tax credit and report on the work group's recommendations by November 1, 2024.