Wisconsin Legislature: SB70,268,8

SB70,197 24Section 197. 18.16 (2) (b) of the statutes is amended to read:

118.16 (2) (b) Except as provided in sub. (7), in contracting public debt by
2competitive sale, the commission shall make efforts to ensure that at least 1 percent
3of the total public indebtedness contracted in each fiscal year is underwritten by
4disabled veteran-owned investment firms.

SB70,198 5Section 198 . 18.16 (2) (c) of the statutes is created to read:

SB70,265,96 18.16 (2) (c) Except as provided in sub. (7), in contracting public debt by
7competitive sale, the commission shall make efforts to ensure that at least 1 percent
8of the total public indebtedness contracted in each fiscal year is underwritten by
9lesbian, gay, bisexual, or transgender-owned investment firms.

SB70,199 10Section 199 . 18.16 (2) (d) of the statutes is created to read:

SB70,265,1411 18.16 (2) (d) Except as provided in sub. (7), in contracting public debt by
12competitive sale, the commission shall make efforts to ensure that at least 1 percent
13of the total public indebtedness contracted in each fiscal year is underwritten by
14disability-owned investment firms.

SB70,200 15Section 200. 18.16 (3) (b) of the statutes is amended to read:

SB70,265,1916 18.16 (3) (b) Except as provided under sub. (7), in contracting public debt by
17negotiated sale, the commission shall make efforts to ensure that at least 1 percent
18of total public indebtedness contracted in each fiscal year is underwritten by disabled
19veteran-owned investment firms.

SB70,201 20Section 201 . 18.16 (3) (c) of the statutes is created to read:

SB70,265,2421 18.16 (3) (c) Except as provided under sub. (7), in contracting public debt by
22negotiated sale, the commission shall make efforts to ensure that at least 1 percent
23of total public indebtedness contracted in each fiscal year is underwritten by lesbian,
24gay, bisexual, or transgender-owned investment firms.

SB70,202 25Section 202 . 18.16 (3) (d) of the statutes is created to read:

SB70,266,4

118.16 (3) (d) Except as provided under sub. (7), in contracting public debt by
2negotiated sale, the commission shall make efforts to ensure that at least 1 percent
3of total public indebtedness contracted in each fiscal year is underwritten by
4disability-owned investment firms.

SB70,203 5Section 203. 18.16 (4) (b) of the statutes is amended to read:

SB70,266,106 18.16 (4) (b) Except as provided under sub. (7), in contracting public debt by
7competitive sale or negotiated sale, the commission shall make efforts to ensure that
8at least 1 percent of the total moneys expended in each fiscal year for the services of
9financial advisers are expended for the services of disabled veteran-owned financial
10advisers.

SB70,204 11Section 204 . 18.16 (4) (c) of the statutes is created to read:

SB70,266,1612 18.16 (4) (c) Except as provided under sub. (7), in contracting public debt by
13competitive sale or negotiated sale, the commission shall make efforts to ensure that
14at least 1 percent of the total moneys expended in each fiscal year for the services of
15financial advisers are expended for the services of lesbian, gay, bisexual, or
16transgender-owned financial advisers.

SB70,205 17Section 205 . 18.16 (4) (d) of the statutes is created to read:

SB70,266,2218 18.16 (4) (d) Except as provided under sub. (7), in contracting public debt by
19competitive sale or negotiated sale, the commission shall make efforts to ensure that
20at least 1 percent of the total moneys expended in each fiscal year for the services of
21financial advisers are expended for the services of disability-owned financial
22advisers.

SB70,206 23Section 206. 18.16 (5) (b) of the statutes is amended to read:

SB70,267,324 18.16 (5) (b) Except as provided under s. 18.06 (9) and sub. (7), an individual
25underwriter or syndicate of underwriters shall make efforts to ensure that each bid

1or proposal, submitted by that individual or syndicate in a competitive or negotiated
2sale of public debt, provides for at least 1 percent of sales to disabled veteran-owned
3investment firms.

SB70,207 4Section 207 . 18.16 (5) (c) of the statutes is created to read:

SB70,267,95 18.16 (5) (c) Except as provided under sub. (7) and s. 18.06 (9), an individual
6underwriter or syndicate of underwriters shall make efforts to ensure that each bid
7or proposal, submitted by that individual or syndicate in a competitive or negotiated
8sale of public debt, provides for at least 1 percent of sales to lesbian, gay, bisexual,
9or transgender-owned investment firms.

SB70,208 10Section 208 . 18.16 (5) (d) of the statutes is created to read:

SB70,267,1511 18.16 (5) (d) Except as provided under sub. (7) and s. 18.06 (9), an individual
12underwriter or syndicate of underwriters shall make efforts to ensure that each bid
13or proposal, submitted by that individual or syndicate in a competitive or negotiated
14sale of public debt, provides for at least 1 percent of sales to disability-owned
15investment firms.

SB70,209 16Section 209 . 18.16 (6) of the statutes is amended to read:

SB70,267,2417 18.16 (6) The commission shall annually report to the department of
18administration the total amount of public indebtedness contracted with the
19underwriting services of minority investment firms and disabled, veteran-owned,
20lesbian, gay, bisexual, or transgender-owned, and disability-owned investment
21firms and the total amount of moneys expended for the services of minority financial
22advisers and disabled, veteran-owned, lesbian, gay, bisexual, or
23transgender-owned, and disability-owned financial advisers during the preceding
24fiscal year.

SB70,210 25Section 210 . 18.64 (title) of the statutes is amended to read:

SB70,268,3

118.64 (title) Minority financial advisers and investment firms; disabled;
2veteran-owned; lesbian, gay, bisexual, or transgender-owned; and
3disability-owned financial advisers and investment firms.

SB70,211 4Section 211. 18.64 (1) (a) of the statutes is renumbered 18.64 (1) (e) and
5amended to read:

SB70,268,86 18.64 (1) (e) “Disabled veteran-owned Veteran-owned financial adviser"
7means a financial adviser certified by the department of administration under s.
816.283 (3).

SB70,212 9Section 212 . 18.64 (1) (ae) of the statutes is created to read:

SB70,268,1110 18.64 (1) (ae) “Disability-owned financial adviser" means a financial adviser
11certified by the department of administration under s. 16.289 (3).

SB70,213 12Section 213 . 18.64 (1) (af) of the statutes is created to read:

SB70,268,1413 18.64 (1) (af) “Disability-owned investment firm" means an investment firm
14certified by the department of administration under s. 16.289 (3).

SB70,214 15Section 214. 18.64 (1) (b) of the statutes is renumbered 18.64 (1) (f) and
16amended to read:

SB70,268,1817 18.64 (1) (f) “Disabled veteran-owned Veteran-owned investment firm" means
18an investment firm certified by the department of administration under s. 16.283 (3).

SB70,215 19Section 215 . 18.64 (1) (br) of the statutes is created to read:

SB70,268,2220 18.64 (1) (br) “Lesbian, gay, bisexual, or transgender-owned financial adviser"
21means a financial adviser certified by the department of administration under s.
2216.288 (3).

SB70,216 23Section 216 . 18.64 (1) (bs) of the statutes is created to read:

SB70,269,3

118.64 (1) (bs) “Lesbian, gay, bisexual, or transgender-owned investment firm"
2means an investment firm certified by the department of administration under s.
316.288 (3).

SB70,217 4Section 217. 18.64 (2) (b) of the statutes is amended to read:

SB70,269,85 18.64 (2) (b) Except as provided under sub. (7), in issuing evidences of revenue
6obligations by competitive sale, the commission shall make efforts to ensure that at
7least 1 percent of the total of revenue obligations contracted in each fiscal year is
8underwritten by disabled veteran-owned investment firms.

SB70,218 9Section 218 . 18.64 (2) (c) of the statutes is created to read:

SB70,269,1310 18.64 (2) (c) Except as provided under sub. (7), in issuing evidences of revenue
11obligations by competitive sale, the commission shall make efforts to ensure that at
12least 1 percent of the total of revenue obligations contracted in each fiscal year is
13underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.

SB70,219 14Section 219 . 18.64 (2) (d) of the statutes is created to read:

SB70,269,1815 18.64 (2) (d) Except as provided under sub. (7), in issuing evidences of revenue
16obligations by competitive sale, the commission shall make efforts to ensure that at
17least 1 percent of the total of revenue obligations contracted in each fiscal year is
18underwritten by disability-owned investment firms.

SB70,220 19Section 220. 18.64 (3) (b) of the statutes is amended to read:

SB70,269,2320 18.64 (3) (b) Except as provided under sub. (7), in issuing evidences of revenue
21obligations by negotiated sale, the commission shall make efforts to ensure that at
22least 1 percent of the total of revenue obligations contracted in each fiscal year is
23underwritten by disabled veteran-owned investment firms.

SB70,221 24Section 221 . 18.64 (3) (c) of the statutes is created to read:

SB70,270,4

118.64 (3) (c) Except as provided under sub. (7), in issuing evidences of revenue
2obligations by negotiated sale, the commission shall make efforts to ensure that at
3least 1 percent of the total of revenue obligations contracted in each fiscal year is
4underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.

SB70,222 5Section 222 . 18.64 (3) (d) of the statutes is created to read:

SB70,270,96 18.64 (3) (d) Except as provided under sub. (7), in issuing evidences of revenue
7obligations by negotiated sale, the commission shall make efforts to ensure that at
8least 1 percent of the total of revenue obligations contracted in each fiscal year is
9underwritten by disability-owned investment firms.

SB70,223 10Section 223. 18.64 (4) (b) of the statutes is amended to read:

SB70,270,1511 18.64 (4) (b) Except as provided under sub. (7), in issuing evidences of revenue
12obligations by competitive sale or negotiated sale, the commission shall make efforts
13to ensure that at least 1 percent of the total moneys expended in each fiscal year for
14the services of financial advisers are expended for the services of disabled
15veteran-owned financial advisers.

SB70,224 16Section 224 . 18.64 (4) (c) of the statutes is created to read:

SB70,270,2117 18.64 (4) (c) Except as provided under sub. (7), in issuing evidences of revenue
18obligations by competitive sale or negotiated sale, the commission shall make efforts
19to ensure that at least 1 percent of the total moneys expended in each fiscal year for
20the services of financial advisers are expended for the services of lesbian, gay,
21bisexual, or transgender-owned financial advisers.

SB70,225 22Section 225 . 18.64 (4) (d) of the statutes is created to read:

SB70,271,223 18.64 (4) (d) Except as provided under sub. (7), in issuing evidences of revenue
24obligations by competitive sale or negotiated sale, the commission shall make efforts
25to ensure that at least 1 percent of the total moneys expended in each fiscal year for

1the services of financial advisers are expended for the services of disability-owned
2financial advisers.

SB70,226 3Section 226. 18.64 (5) (b) of the statutes is amended to read:

SB70,271,84 18.64 (5) (b) Except as provided under sub. (7), an individual underwriter or
5syndicate of underwriters shall make efforts to ensure that each bid or proposal,
6submitted by that individual or syndicate in a competitive or negotiated sale of a
7revenue obligation, provides for at least 1 percent of sales to disabled veteran-owned
8investment firms.

SB70,227 9Section 227 . 18.64 (5) (c) of the statutes is created to read:

SB70,271,1410 18.64 (5) (c) Except as provided under sub. (7), an individual underwriter or
11syndicate of underwriters shall make efforts to ensure that each bid or proposal,
12submitted by that individual or syndicate in a competitive or negotiated sale of a
13revenue obligation, provides for at least 1 percent of sales to lesbian, gay, bisexual,
14or transgender-owned investment firms.

SB70,228 15Section 228 . 18.64 (5) (d) of the statutes is created to read:

SB70,271,2016 18.64 (5) (d) Except as provided under sub. (7), an individual underwriter or
17syndicate of underwriters shall make efforts to ensure that each bid or proposal,
18submitted by that individual or syndicate in a competitive or negotiated sale of a
19revenue obligation, provides for at least 1 percent of sales to disability-owned
20investment firms.

SB70,229 21Section 229 . 18.64 (6) of the statutes is amended to read:

SB70,272,422 18.64 (6) The commission shall annually report to the department of
23administration the total amount of revenue obligations contracted with the
24underwriting services of minority investment firms and disabled, veteran-owned,
25lesbian, gay, bisexual, or transgender-owned, and disability-owned investment

1firms and the total amount of moneys expended for the services of minority financial
2advisers and disabled, veteran-owned, lesbian, gay, bisexual, or
3transgender-owned, and disability-owned financial advisers during the preceding
4fiscal year.

SB70,230 5Section 230 . 18.77 (title) of the statutes is amended to read:

SB70,272,8 618.77 (title) Minority financial advisers and investment firms;
7disabled; veteran-owned; lesbian, gay, bisexual, or transgender-owned;
8and disability-owned financial advisers and investment firms.

SB70,231 9Section 231. 18.77 (1) (a) of the statutes is renumbered 18.77 (1) (e) and
10amended to read:

SB70,272,1311 18.77 (1) (e) “Disabled veteran-owned Veteran-owned financial adviser"
12means a financial adviser certified by the department of administration under s.
1316.283 (3).

SB70,232 14Section 232 . 18.77 (1) (ae) of the statutes is created to read:

SB70,272,1615 18.77 (1) (ae) “Disability-owned financial adviser" means a financial adviser
16certified by the department of administration under s. 16.289 (3).

SB70,233 17Section 233 . 18.77 (1) (af) of the statutes is created to read:

SB70,272,1918 18.77 (1) (af) “Disability-owned investment firm" means an investment firm
19certified by the department of administration under s. 16.289 (3).

SB70,234 20Section 234. 18.77 (1) (b) of the statutes is renumbered 18.77 (1) (f) and
21amended to read:

SB70,272,2322 18.77 (1) (f) “Disabled veteran-owned Veteran-owned investment firm" means
23an investment firm certified by the department of administration under s. 16.283 (3).

SB70,235 24Section 235 . 18.77 (1) (br) of the statutes is created to read:

SB70,273,3

118.77 (1) (br) “Lesbian, gay, bisexual, or transgender-owned financial adviser"
2means a financial adviser certified by the department of administration under s.
316.288 (3).

SB70,236 4Section 236 . 18.77 (1) (bs) of the statutes is created to read:

SB70,273,75 18.77 (1) (bs) “Lesbian, gay, bisexual, or transgender-owned investment firm"
6means an investment firm certified by the department of administration under s.
716.288 (3).

SB70,237 8Section 237. 18.77 (2) (b) of the statutes is amended to read:

SB70,273,129 18.77 (2) (b) Except as provided under sub. (7), in contracting operating notes
10by competitive sale, the commission shall make efforts to ensure that at least 1
11percent of total operating note indebtedness contracted in each fiscal year is
12underwritten by disabled veteran-owned investment firms.

SB70,238 13Section 238 . 18.77 (2) (c) of the statutes is created to read:

SB70,273,1714 18.77 (2) (c) Except as provided under sub. (7), in contracting operating notes
15by competitive sale, the commission shall make efforts to ensure that at least 1
16percent of total operating note indebtedness contracted in each fiscal year is
17underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.

SB70,239 18Section 239 . 18.77 (2) (d) of the statutes is created to read:

SB70,273,2219 18.77 (2) (d) Except as provided under sub. (7), in contracting operating notes
20by competitive sale, the commission shall make efforts to ensure that at least 1
21percent of total operating note indebtedness contracted in each fiscal year is
22underwritten by disability-owned investment firms.

SB70,240 23Section 240. 18.77 (3) (b) of the statutes is amended to read:

SB70,274,224 18.77 (3) (b) Except as provided under sub. (7), in contracting operating notes
25by negotiated sale, the commission shall make efforts to ensure that at least 1

1percent of total operating note indebtedness contracted in each fiscal year is
2underwritten by disabled veteran-owned investment firms.

SB70,241 3Section 241 . 18.77 (3) (c) of the statutes is created to read: