AB68,276,18 18.16 (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).

AB68,206 Section 206. 18.16 (2) (c) of the statutes is created to read:

AB68,276,23 18.16 (2) (c) Except as provided in sub. (7), in contracting public debt by competitive sale, the commission shall make efforts to ensure that at least 1 percent of the total public indebtedness contracted in each fiscal year is underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.

AB68,207 Section 207. 18.16 (2) (d) of the statutes is created to read:

AB68,277,4 18.16 (2) (d) Except as provided in sub. (7), in contracting public debt by competitive sale, the commission shall make efforts to ensure that at least 1 percent of the total public indebtedness contracted in each fiscal year is underwritten by disability-owned investment firms.

AB68,208 Section 208. 18.16 (3) (c) of the statutes is created to read:

AB68,277,9 18.16 (3) (c) Except as provided under sub. (7), in contracting public debt by negotiated sale, the commission shall make efforts to ensure that at least 1 percent of total public indebtedness contracted in each fiscal year is underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.

AB68,209 Section 209. 18.16 (3) (d) of the statutes is created to read:

AB68,277,14 18.16 (3) (d) Except as provided under sub. (7), in contracting public debt by negotiated sale, the commission shall make efforts to ensure that at least 1 percent of total public indebtedness contracted in each fiscal year is underwritten by disability-owned investment firms.

AB68,210 Section 210. 18.16 (4) (c) of the statutes is created to read:

AB68,277,20 18.16 (4) (c) Except as provided under sub. (7), in contracting public debt 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.

AB68,211 Section 211. 18.16 (4) (d) of the statutes is created to read:

AB68,278,2 18.16 (4) (d) Except as provided under sub. (7), in contracting public debt 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.

AB68,212 Section 212. 18.16 (5) (c) of the statutes is created to read:

AB68,278,8 18.16 (5) (c) Except as provided under s. 18.06 (9) and 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 public debt, provides for at least 1 percent of sales to lesbian, gay, bisexual, or transgender-owned investment firms.

AB68,213 Section 213. 18.16 (5) (d) of the statutes is created to read:

AB68,278,14 18.16 (5) (d) Except as provided under s. 18.06 (9) and 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 public debt, provides for at least 1 percent of sales to disability-owned investment firms.

AB68,214 Section 214. 18.16 (6) of the statutes is amended to read:

AB68,278,23 18.16 (6) The commission shall annually report to the department of administration the total amount of public indebtedness 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.

AB68,215 Section 215. 18.64 (title) of the statutes is amended to read:

AB68,279,3 18.64 (title) Minority financial advisers and investment firms; disabled veteran-owned; lesbian, gay, bisexual, or transgender-owned; and disability-owned financial advisers and investment firms.

AB68,216 Section 216. 18.64 (1) (a) of the statutes is renumbered 18.64 (1) (ah).

AB68,217 Section 217. 18.64 (1) (ae) of the statutes is created to read:

AB68,279,7 18.64 (1) (ae) “Disability-owned financial adviser" means a financial adviser certified by the department of administration under s. 16.289 (3).

AB68,218 Section 218. 18.64 (1) (af) of the statutes is created to read:

AB68,279,10 18.64 (1) (af) “Disability-owned investment firm" means an investment firm certified by the department of administration under s. 16.289 (3).

AB68,219 Section 219. 18.64 (1) (br) of the statutes is created to read:

AB68,279,14 18.64 (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).

AB68,220 Section 220. 18.64 (1) (bs) of the statutes is created to read: