AB68-SSA1,211
5Section
211. 18.16 (3) (d) of the statutes is created to read:
AB68-SSA1,87,96
18.16
(3) (d) Except as provided under sub. (7), in contracting public debt by
7negotiated sale, the commission shall make efforts to ensure that at least 1 percent
8of total public indebtedness contracted in each fiscal year is underwritten by
9disability-owned investment firms.
AB68-SSA1,212
10Section
212. 18.16 (4) (c) of the statutes is created to read:
AB68-SSA1,87,1511
18.16
(4) (c) Except as provided under sub. (7), in contracting public debt by
12competitive sale or negotiated sale, the commission shall make efforts to ensure that
13at least 1 percent of the total moneys expended in each fiscal year for the services of
14financial advisers are expended for the services of lesbian, gay, bisexual, or
15transgender-owned financial advisers.
AB68-SSA1,213
16Section
213. 18.16 (4) (d) of the statutes is created to read:
AB68-SSA1,87,2117
18.16
(4) (d) Except as provided under sub. (7), in contracting public debt by
18competitive sale or negotiated sale, the commission shall make efforts to ensure that
19at least 1 percent of the total moneys expended in each fiscal year for the services of
20financial advisers are expended for the services of disability-owned financial
21advisers.
AB68-SSA1,214
22Section
214. 18.16 (5) (c) of the statutes is created to read:
AB68-SSA1,88,223
18.16
(5) (c) Except as provided under s. 18.06 (9) and sub. (7), an individual
24underwriter or syndicate of underwriters shall make efforts to ensure that each bid
25or proposal, submitted by that individual or syndicate in a competitive or negotiated
1sale of public debt, provides for at least 1 percent of sales to lesbian, gay, bisexual,
2or transgender-owned investment firms.
AB68-SSA1,215
3Section
215. 18.16 (5) (d) of the statutes is created to read:
AB68-SSA1,88,84
18.16
(5) (d) Except as provided under s. 18.06 (9) and sub. (7), an individual
5underwriter or syndicate of underwriters shall make efforts to ensure that each bid
6or proposal, submitted by that individual or syndicate in a competitive or negotiated
7sale of public debt, provides for at least 1 percent of sales to disability-owned
8investment firms.
AB68-SSA1,216
9Section
216. 18.16 (6) of the statutes is amended to read:
AB68-SSA1,88,1710
18.16
(6) The commission shall annually report to the department of
11administration the total amount of public indebtedness contracted with the
12underwriting services of minority
investment firms and, disabled veteran-owned
,
13lesbian, gay, bisexual, or transgender-owned, and disability-owned investment
14firms and the total amount of moneys expended for the services of minority
financial
15advisers and, disabled veteran-owned
, lesbian, gay, bisexual, or
16transgender-owned, and disability-owned financial advisers during the preceding
17fiscal year.
AB68-SSA1,217
18Section
217. 18.64 (title) of the statutes is amended to read:
AB68-SSA1,88,21
1918.64 (title)
Minority financial advisers and investment firms; disabled
20veteran-owned; lesbian, gay, bisexual, or transgender-owned; and
21disability-owned financial advisers and investment firms.
AB68-SSA1,218
22Section
218. 18.64 (1) (a) of the statutes is renumbered 18.64 (1) (ah).
AB68-SSA1,219
23Section
219. 18.64 (1) (ae) of the statutes is created to read:
AB68-SSA1,88,2524
18.64
(1) (ae) “Disability-owned financial adviser" means a financial adviser
25certified by the department of administration under s. 16.289 (3).
AB68-SSA1,220
1Section
220. 18.64 (1) (af) of the statutes is created to read:
AB68-SSA1,89,32
18.64
(1) (af) “Disability-owned investment firm" means an investment firm
3certified by the department of administration under s. 16.289 (3).
AB68-SSA1,221
4Section
221. 18.64 (1) (br) of the statutes is created to read:
AB68-SSA1,89,75
18.64
(1) (br) “Lesbian, gay, bisexual, or transgender-owned financial adviser"
6means a financial adviser certified by the department of administration under s.
716.288 (3).
AB68-SSA1,222
8Section
222. 18.64 (1) (bs) of the statutes is created to read:
AB68-SSA1,89,119
18.64
(1) (bs) “Lesbian, gay, bisexual, or transgender-owned investment firm"
10means an investment firm certified by the department of administration under s.
1116.288 (3).
AB68-SSA1,223
12Section
223. 18.64 (2) (c) of the statutes is created to read:
AB68-SSA1,89,1613
18.64
(2) (c) Except as provided under sub. (7), in issuing evidences of revenue
14obligations by competitive sale, the commission shall make efforts to ensure that at
15least 1 percent of the total of revenue obligations contracted in each fiscal year is
16underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.
AB68-SSA1,224
17Section
224. 18.64 (2) (d) of the statutes is created to read:
AB68-SSA1,89,2118
18.64
(2) (d) Except as provided under sub. (7), in issuing evidences of revenue
19obligations by competitive sale, the commission shall make efforts to ensure that at
20least 1 percent of the total of revenue obligations contracted in each fiscal year is
21underwritten by disability-owned investment firms.
AB68-SSA1,225
22Section
225. 18.64 (3) (c) of the statutes is created to read:
AB68-SSA1,90,223
18.64
(3) (c) Except as provided under sub. (7), in issuing evidences of revenue
24obligations by negotiated sale, the commission shall make efforts to ensure that at
1least 1 percent of the total of revenue obligations contracted in each fiscal year is
2underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.