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Committee releases bill changing small‑business set‑aside eligibility, removing 100‑employee cap
Summary
Assembly Bill 4928 would revise eligibility for the state's Small Business Enterprise (SBE) set‑aside program by removing a 100‑employee cap and changing the gross‑revenue lookback from three years to five years; business and construction groups urged release.
The committee released Assembly Bill 4928, which would revise eligibility rules for the state small business set‑aside (SBE) program by removing a 100‑employee limit and changing the gross‑revenue measurement from a three‑year to a five‑year standard.
Proponents told the committee the 100‑employee cap, established when the program was created in 1984, constrains hiring and growth for firms that otherwise meet the federal revenue‑based definition of a small business. Joe Feuerlise,…
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