AB68-SSA1,226
3Section
226. 18.64 (3) (d) of the statutes is created to read:
AB68-SSA1,90,74
18.64
(3) (d) Except as provided under sub. (7), in issuing evidences of revenue
5obligations by negotiated sale, the commission shall make efforts to ensure that at
6least 1 percent of the total of revenue obligations contracted in each fiscal year is
7underwritten by disability-owned investment firms.
AB68-SSA1,227
8Section
227. 18.64 (4) (c) of the statutes is created to read:
AB68-SSA1,90,139
18.64
(4) (c) Except as provided under sub. (7), in issuing evidences of revenue
10obligations by competitive sale or negotiated sale, the commission shall make efforts
11to ensure that at least 1 percent of the total moneys expended in each fiscal year for
12the services of financial advisers are expended for the services of lesbian, gay,
13bisexual, or transgender-owned financial advisers.
AB68-SSA1,228
14Section
228. 18.64 (4) (d) of the statutes is created to read:
AB68-SSA1,90,1915
18.64
(4) (d) Except as provided under sub. (7), in issuing evidences of revenue
16obligations by competitive sale or negotiated sale, the commission shall make efforts
17to ensure that at least 1 percent of the total moneys expended in each fiscal year for
18the services of financial advisers are expended for the services of disability-owned
19financial advisers.
AB68-SSA1,229
20Section
229. 18.64 (5) (c) of the statutes is created to read:
AB68-SSA1,90,2521
18.64
(5) (c) Except as provided under sub. (7), an individual underwriter or
22syndicate of underwriters shall make efforts to ensure that each bid or proposal,
23submitted by that individual or syndicate in a competitive or negotiated sale of a
24revenue obligation, provides for at least 1 percent of sales to lesbian, gay, bisexual,
25or transgender-owned investment firms.
AB68-SSA1,230
1Section
230. 18.64 (5) (d) of the statutes is created to read:
AB68-SSA1,91,62
18.64
(5) (d) Except as provided under sub. (7), an individual underwriter or
3syndicate of underwriters shall make efforts to ensure that each bid or proposal,
4submitted by that individual or syndicate in a competitive or negotiated sale of a
5revenue obligation, provides for at least 1 percent of sales to disability-owned
6investment firms.
AB68-SSA1,231
7Section
231. 18.64 (6) of the statutes is amended to read:
AB68-SSA1,91,158
18.64
(6) The commission shall annually report to the department of
9administration the total amount of revenue obligations contracted with the
10underwriting services of minority
investment firms and, disabled veteran-owned
,
11lesbian, gay, bisexual, or transgender-owned, and disability-owned investment
12firms and the total amount of moneys expended for the services of minority
financial
13advisers and, disabled veteran-owned
, lesbian, gay, bisexual, or
14transgender-owned, and disability-owned financial advisers during the preceding
15fiscal year.
AB68-SSA1,232
16Section
232. 18.77 (title) of the statutes is amended to read:
AB68-SSA1,91,19
1718.77 (title)
Minority financial advisers and investment firms; disabled
18veteran-owned; lesbian, gay, bisexual, or transgender-owned; and
19disability-owned financial advisers and investment firms.
AB68-SSA1,233
20Section
233. 18.77 (1) (a) of the statutes is renumbered 18.77 (1) (ah).
AB68-SSA1,234
21Section
234. 18.77 (1) (ae) of the statutes is created to read:
AB68-SSA1,91,2322
18.77
(1) (ae) “Disability-owned financial adviser" means a financial adviser
23certified by the department of administration under s. 16.289 (3).
AB68-SSA1,235
24Section
235. 18.77 (1) (af) of the statutes is created to read:
AB68-SSA1,92,2
118.77
(1) (af) “Disability-owned investment firm" means an investment firm
2certified by the department of administration under s. 16.289 (3).
AB68-SSA1,236
3Section
236. 18.77 (1) (br) of the statutes is created to read:
AB68-SSA1,92,64
18.77
(1) (br) “Lesbian, gay, bisexual, or transgender-owned financial adviser"
5means a financial adviser certified by the department of administration under s.
616.288 (3).
AB68-SSA1,237
7Section
237. 18.77 (1) (bs) of the statutes is created to read:
AB68-SSA1,92,108
18.77
(1) (bs) “Lesbian, gay, bisexual, or transgender-owned investment firm"
9means an investment firm certified by the department of administration under s.
1016.288 (3).
AB68-SSA1,238
11Section
238. 18.77 (2) (c) of the statutes is created to read:
AB68-SSA1,92,1512
18.77
(2) (c) Except as provided under sub. (7), in contracting operating notes
13by competitive sale, the commission shall make efforts to ensure that at least 1
14percent of total operating note indebtedness contracted in each fiscal year is
15underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.
AB68-SSA1,239
16Section
239. 18.77 (2) (d) of the statutes is created to read:
AB68-SSA1,92,2017
18.77
(2) (d) Except as provided under sub. (7), in contracting operating notes
18by competitive sale, the commission shall make efforts to ensure that at least 1
19percent of total operating note indebtedness contracted in each fiscal year is
20underwritten by disability-owned investment firms.
AB68-SSA1,240
21Section
240. 18.77 (3) (c) of the statutes is created to read:
AB68-SSA1,92,2522
18.77
(3) (c) Except as provided under sub. (7), in contracting operating notes
23by negotiated sale, the commission shall make efforts to ensure that at least 1
24percent of total operating note indebtedness contracted in each fiscal year is
25underwritten by lesbian, gay, bisexual, or transgender-owned investment firms.