SB70: Bill Text

SB70,,731 18.64 (3) (b) Except as provided under sub. (7), in issuing evidences of revenue obligations by negotiated sale, the commission shall make efforts to ensure that at least 1 percent of the total of revenue obligations contracted in each fiscal year is underwritten by disabled veteran-owned investment firms.

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

SB70,,733 18.64 (3) (c) Except as provided under sub. (7), in issuing evidences of revenue obligations by negotiated sale, the commission shall make efforts to ensure that at least 1 percent of the total of revenue obligations contracted in each fiscal year is underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.

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

SB70,,735 18.64 (3) (d) Except as provided under sub. (7), in issuing evidences of revenue obligations by negotiated sale, the commission shall make efforts to ensure that at least 1 percent of the total of revenue obligations contracted in each fiscal year is underwritten by disability-owned investment firms.

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

SB70,,737 18.64 (4) (b) Except as provided under sub. (7), in issuing evidences of revenue obligations by competitive sale or negotiated sale, the commission shall make efforts to ensure that at least 1 percent of the total moneys expended in each fiscal year for the services of financial advisers are expended for the services of disabled veteran-owned financial advisers.

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

SB70,,739 18.64 (4) (c) Except as provided under sub. (7), in issuing evidences of revenue obligations by competitive sale or negotiated sale, the commission shall make efforts to ensure that at least 1 percent of the total moneys expended in each fiscal year for the services of financial advisers are expended for the services of lesbian, gay, bisexual, or transgender-owned financial advisers.

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

SB70,,741 18.64 (4) (d) Except as provided under sub. (7), in issuing evidences of revenue obligations by competitive sale or negotiated sale, the commission shall make efforts to ensure that at least 1 percent of the total moneys expended in each fiscal year for the services of financial advisers are expended for the services of disability-owned financial advisers.

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

SB70,,743 18.64 (5) (b) Except as provided under sub. (7), an individual underwriter or syndicate of underwriters shall make efforts to ensure that each bid or proposal, submitted by that individual or syndicate in a competitive or negotiated sale of a revenue obligation, provides for at least 1 percent of sales to disabled veteran-owned investment firms.

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

SB70,,745 18.64 (5) (c) Except as provided under sub. (7), an individual underwriter or syndicate of underwriters shall make efforts to ensure that each bid or proposal, submitted by that individual or syndicate in a competitive or negotiated sale of a revenue obligation, provides for at least 1 percent of sales to lesbian, gay, bisexual, or transgender-owned investment firms.

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

SB70,,747 18.64 (5) (d) Except as provided under sub. (7), an individual underwriter or syndicate of underwriters shall make efforts to ensure that each bid or proposal, submitted by that individual or syndicate in a competitive or negotiated sale of a revenue obligation, provides for at least 1 percent of sales to disability-owned investment firms.

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

SB70,,749 18.64 (6) The commission shall annually report to the department of administration the total amount of revenue obligations contracted with the underwriting services of minority investment firms and disabled, veteran-owned, lesbian, gay, bisexual, or transgender-owned, and disability-owned investment firms and the total amount of moneys expended for the services of minority financial advisers and disabled, veteran-owned, lesbian, gay, bisexual, or transgender-owned, and disability-owned financial advisers during the preceding fiscal year.

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

SB70,,751 18.77 (title) Minority financial advisers and investment firms; disabled; veteran-owned; lesbian, gay, bisexual, or transgender-owned; and disability-owned financial advisers and investment firms.

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

SB70,,753 18.77 (1) (e) “Disabled veteran-owned Veteran-owned financial adviser” means a financial adviser certified by the department of administration under s. 16.283 (3).

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

SB70,,755 18.77 (1) (ae) “Disability-owned financial adviser” means a financial adviser certified by the department of administration under s. 16.289 (3).

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

SB70,,757 18.77 (1) (af) “Disability-owned investment firm” means an investment firm certified by the department of administration under s. 16.289 (3).

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

SB70,,759 18.77 (1) (f) “Disabled veteran-owned Veteran-owned investment firm” means an investment firm certified by the department of administration under s. 16.283 (3).

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

SB70,,761 18.77 (1) (br) “Lesbian, gay, bisexual, or transgender-owned financial adviser” means a financial adviser certified by the department of administration under s. 16.288 (3).

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

SB70,,763 18.77 (1) (bs) “Lesbian, gay, bisexual, or transgender-owned investment firm” means an investment firm certified by the department of administration under s. 16.288 (3).

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

SB70,,765 18.77 (2) (b) Except as provided under sub. (7), in contracting operating notes by competitive sale, the commission shall make efforts to ensure that at least 1 percent of total operating note indebtedness contracted in each fiscal year is underwritten by disabled veteran-owned investment firms.

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

SB70,,767 18.77 (2) (c) Except as provided under sub. (7), in contracting operating notes by competitive sale, the commission shall make efforts to ensure that at least 1 percent of total operating note indebtedness contracted in each fiscal year is underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.

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

SB70,,769 18.77 (2) (d) Except as provided under sub. (7), in contracting operating notes by competitive sale, the commission shall make efforts to ensure that at least 1 percent of total operating note indebtedness contracted in each fiscal year is underwritten by disability-owned investment firms.

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

SB70,,771 18.77 (3) (b) Except as provided under sub. (7), in contracting operating notes by negotiated sale, the commission shall make efforts to ensure that at least 1 percent of total operating note indebtedness contracted in each fiscal year is underwritten by disabled veteran-owned investment firms.

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

SB70,,773 18.77 (3) (c) Except as provided under sub. (7), in contracting operating notes by negotiated sale, the commission shall make efforts to ensure that at least 1 percent of total operating note indebtedness contracted in each fiscal year is underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.

SB70,242 Section 242. 18.77 (3) (d) of the statutes is created to read:

SB70,,775 18.77 (3) (d) Except as provided under sub. (7), in contracting operating notes by negotiated sale, the commission shall make efforts to ensure that at least 1 percent of total operating note indebtedness contracted in each fiscal year is underwritten by disability-owned investment firms.

SB70,243 Section 243. 18.77 (4) (b) of the statutes is amended to read:

SB70,,777 18.77 (4) (b) Except as provided under sub. (7), in contracting operating notes by competitive sale or negotiated sale, the commission shall make efforts to ensure that at least 1 percent of the total moneys expended in such fiscal year for the services of financial advisers are expended for the services of disabled veteran-owned financial advisers.

SB70,244 Section 244. 18.77 (4) (c) of the statutes is created to read:

SB70,,779 18.77 (4) (c) Except as provided under sub. (7), in contracting operating notes by competitive sale or negotiated sale, the commission shall make efforts to ensure that at least 1 percent of the total moneys expended in such fiscal year for the services of financial advisers are expended for the services of lesbian, gay, bisexual, or transgender-owned financial advisers.

SB70,245 Section 245. 18.77 (4) (d) of the statutes is created to read:

SB70,,781 18.77 (4) (d) Except as provided under sub. (7), in contracting operating notes by competitive sale or negotiated sale, the commission shall make efforts to ensure that at least 1 percent of the total moneys expended in such fiscal year for the services of financial advisers are expended for the services of disability-owned financial advisers.

SB70,246 Section 246. 18.77 (5) (b) of the statutes is amended to read:

SB70,,783 18.77 (5) (b) Except as provided under sub. (7), an individual underwriter or syndicate of underwriters shall make efforts to ensure that each bid or proposal, submitted by that individual or syndicate in a competitive or negotiated sale of an operating note, provides for at least 1 percent of sales to disabled veteran-owned investment firms.

SB70,247 Section 247. 18.77 (5) (c) of the statutes is created to read:

SB70,,785 18.77 (5) (c) Except as provided under sub. (7), an individual underwriter or syndicate of underwriters shall make efforts to ensure that each bid or proposal, submitted by that individual or syndicate in a competitive or negotiated sale of an operating note, provides for at least 1 percent of sales to lesbian, gay, bisexual, or transgender-owned investment firms.

SB70,248 Section 248. 18.77 (5) (d) of the statutes is created to read:

SB70,,787 18.77 (5) (d) Except as provided under sub. (7), an individual underwriter or syndicate of underwriters shall make efforts to ensure that each bid or proposal, submitted by that individual or syndicate in a competitive or negotiated sale of an operating note, provides for at least 1 percent of sales to disability-owned investment firms.

SB70,249 Section 249. 18.77 (6) of the statutes is amended to read:

SB70,,789 18.77 (6) The commission shall annually report to the department of administration the total amount of operating note indebtedness contracted with the underwriting services of minority, veteran-owned, lesbian, gay, bisexual, or transgender-owned, and disability-owned investment firms and the total amount of moneys expended for the services of minority financial advisers and disabled, veteran-owned, lesbian, gay, bisexual, or transgender-owned, and disability-owned financial advisers during the preceding fiscal year.

SB70,250 Section 250. 19.01 (4) (b) 1. of the statutes is amended to read:

SB70,,791 19.01 (4) (b) 1. The secretary of state and assistant secretary of state.

SB70,251 Section 251. 19.35 (3) (c) of the statutes is amended to read:

SB70,,793 19.35 (3) (c) Except as otherwise provided by law or as authorized to be prescribed by law, an authority may impose a fee upon a requester for locating a record, not exceeding the actual, necessary and direct cost of location, if the cost is $50 $100 or more.

SB70,252 Section 252. 19.36 (12) of the statutes is created to read:

SB70,,795 19.36 (12) Information relating to certain employees. Unless access is specifically authorized or required by statute, an authority may not provide access to a record prepared or provided by an employer performing work on a project to which s. 66.0903, 103.49, or 103.50 applies, or on which the employer is otherwise required to pay prevailing wages, if that record contains the name or other personally identifiable information relating to an employee of that employer, unless the employee authorizes the authority to provide access to that information. In this subsection, “personally identifiable information” does not include an employee’s work classification, hours of work, or wage or benefit payments received for work on such a project.

SB70,253 Section 253. 20.003 (4) (L) of the statutes is amended to read:

SB70,,797 20.003 (4) (L) For fiscal year years 2017-18 and each fiscal year thereafter to 2022-23, an amount equal to the prior fiscal year’s required statutory balance plus $5,000,000, but not to exceed 2 percent.

SB70,254 Section 254. 20.003 (4) (m) of the statutes is created to read:

SB70,,799 20.003 (4) (m) For fiscal year 2023-24 and each fiscal year thereafter, $600,000,000.

SB70,255 Section 255. 20.005 (1) of the statutes is repealed and recreated to read:

SB70,,801 20.005 (1) Summary of all funds. The budget governing fiscal operations for the state of Wisconsin for all funds beginning on July 1, 2023, and ending on June 30, 2025, is summarized as follows: [See Figure 20.005 (1) following]

SB70,,803 Figure: 20.005 (1)

SB70,,805 GENERAL FUND SUMMARY

SB70,,806 SUMMARY OF APPROPRIATIONS — ALL FUNDS

SB70,,807 SUMMARY OF COMPENSATION RESERVES — ALL FUNDS

SB70,,808 LOTTERY FUND SUMMARY

SB70,256 Section 256. 20.005 (2) of the statutes is repealed and recreated to read:

SB70,,811 20.005 (2) State borrowing program summary. The following schedule sets forth the state borrowing program summary: [See Figures 20.005 (2) (a) and (b) following]

SB70,,813 Figure: 20.005 (2) (a)

SB70,,816 SUMMARY OF BONDING AUTHORITY MODIFICATIONS 2023-25 FISCAL BIENNIUM

SB70,,818 Figure: 20.005 (2) (b)

SB70,,821 GENERAL OBLIGATION DEBT SERVICE FISCAL YEARS 2023-24 AND 2024-25