AB43,221732Section 221. 18.64 (3) (c) of the statutes is created to read: AB43,,73373318.64 (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. AB43,222734Section 222. 18.64 (3) (d) of the statutes is created to read: AB43,,73573518.64 (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. AB43,223736Section 223. 18.64 (4) (b) of the statutes is amended to read: AB43,,73773718.64 (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. AB43,224738Section 224. 18.64 (4) (c) of the statutes is created to read: AB43,,73973918.64 (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. AB43,225740Section 225. 18.64 (4) (d) of the statutes is created to read: AB43,,74174118.64 (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. AB43,226742Section 226. 18.64 (5) (b) of the statutes is amended to read: AB43,,74374318.64 (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. AB43,227744Section 227. 18.64 (5) (c) of the statutes is created to read: AB43,,74574518.64 (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. AB43,228746Section 228. 18.64 (5) (d) of the statutes is created to read: AB43,,74774718.64 (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. AB43,229748Section 229. 18.64 (6) of the statutes is amended to read: AB43,,74974918.64 (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. AB43,230750Section 230. 18.77 (title) of the statutes is amended to read: AB43,,75175118.77 (title) Minority financial advisers and investment firms; disabled; veteran-owned; lesbian, gay, bisexual, or transgender-owned; and disability-owned financial advisers and investment firms. AB43,231752Section 231. 18.77 (1) (a) of the statutes is renumbered 18.77 (1) (e) and amended to read: AB43,,75375318.77 (1) (e) “Disabled veteran-owned Veteran-owned financial adviser” means a financial adviser certified by the department of administration under s. 16.283 (3). AB43,232754Section 232. 18.77 (1) (ae) of the statutes is created to read: AB43,,75575518.77 (1) (ae) “Disability-owned financial adviser” means a financial adviser certified by the department of administration under s. 16.289 (3). AB43,233756Section 233. 18.77 (1) (af) of the statutes is created to read: AB43,,75775718.77 (1) (af) “Disability-owned investment firm” means an investment firm certified by the department of administration under s. 16.289 (3). AB43,234758Section 234. 18.77 (1) (b) of the statutes is renumbered 18.77 (1) (f) and amended to read: AB43,,75975918.77 (1) (f) “Disabled veteran-owned Veteran-owned investment firm” means an investment firm certified by the department of administration under s. 16.283 (3). AB43,235760Section 235. 18.77 (1) (br) of the statutes is created to read: AB43,,76176118.77 (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). AB43,236762Section 236. 18.77 (1) (bs) of the statutes is created to read: AB43,,76376318.77 (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). AB43,237764Section 237. 18.77 (2) (b) of the statutes is amended to read: AB43,,76576518.77 (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. AB43,238766Section 238. 18.77 (2) (c) of the statutes is created to read: AB43,,76776718.77 (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. AB43,239768Section 239. 18.77 (2) (d) of the statutes is created to read: AB43,,76976918.77 (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. AB43,240770Section 240. 18.77 (3) (b) of the statutes is amended to read: AB43,,77177118.77 (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. AB43,241772Section 241. 18.77 (3) (c) of the statutes is created to read: AB43,,77377318.77 (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. AB43,242774Section 242. 18.77 (3) (d) of the statutes is created to read: AB43,,77577518.77 (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. AB43,243776Section 243. 18.77 (4) (b) of the statutes is amended to read: AB43,,77777718.77 (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. AB43,244778Section 244. 18.77 (4) (c) of the statutes is created to read: AB43,,77977918.77 (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. AB43,245780Section 245. 18.77 (4) (d) of the statutes is created to read: AB43,,78178118.77 (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. AB43,246782Section 246. 18.77 (5) (b) of the statutes is amended to read: AB43,,78378318.77 (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. AB43,247784Section 247. 18.77 (5) (c) of the statutes is created to read: AB43,,78578518.77 (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. AB43,248786Section 248. 18.77 (5) (d) of the statutes is created to read: AB43,,78778718.77 (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. AB43,249788Section 249. 18.77 (6) of the statutes is amended to read: AB43,,78978918.77 (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. AB43,250790Section 250. 19.01 (4) (b) 1. of the statutes is amended to read: AB43,,79179119.01 (4) (b) 1. The secretary of state and assistant secretary of state. AB43,251792Section 251. 19.35 (3) (c) of the statutes is amended to read: AB43,,79379319.35 (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. AB43,252794Section 252. 19.36 (12) of the statutes is created to read: AB43,,79579519.36 (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. AB43,253796Section 253. 20.003 (4) (L) of the statutes is amended to read: AB43,,79779720.003 (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. AB43,254798Section 254. 20.003 (4) (m) of the statutes is created to read: AB43,,79979920.003 (4) (m) For fiscal year 2023-24 and each fiscal year thereafter, $600,000,000. AB43,255800Section 255. 20.005 (1) of the statutes is repealed and recreated to read: AB43,,80180120.005 (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] AB43,,803803Figure: 20.005 (1) AB43,,805805GENERAL FUND SUMMARY AB43,,806806SUMMARY OF APPROPRIATIONS — ALL FUNDS AB43,,807807SUMMARY OF COMPENSATION RESERVES — ALL FUNDS AB43,,808808LOTTERY FUND SUMMARY AB43,256810Section 256. 20.005 (2) of the statutes is repealed and recreated to read: AB43,,81181120.005 (2) State borrowing program summary. The following schedule sets forth the state borrowing program summary: [See Figures 20.005 (2) (a) and (b) following] AB43,,813813Figure: 20.005 (2) (a) AB43,,816815SUMMARY OF BONDING AUTHORITY MODIFICATIONS
8162023-25 FISCAL BIENNIUM AB43,,818818Figure: 20.005 (2) (b) AB43,,821820GENERAL OBLIGATION DEBT SERVICE
821FISCAL YEARS 2023-24 AND 2024-25
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