****Note: This is reconciled s. 16.5185. This Section has been affected by drafts with the following LRB numbers: 23-1861/P4 and 23-1739/P2.
AB43,126490Section 126. 16.61 (2) (b) 1. of the statutes is repealed.
AB43,127491Section 127. 16.705 (1b) (d) of the statutes is amended to read:
AB43,,49249216.705 (1b) (d) The department of financial institutions under s. 224.51 or the small business retirement savings board under s. 224.56.
AB43,128493Section 128. 16.71 (5r) of the statutes is amended to read:
AB43,,49449416.71 (5r) The department shall delegate authority to the department of financial institutions to enter into vendor contracts under s. 224.51 and to the small business retirement savings board to enter into vendor contracts under s. 224.56.
AB43,129495Section 129. 16.75 (1p) of the statutes is repealed.
AB43,130496Section 130. 16.75 (3m) (a) 1. of the statutes is renumbered 16.75 (3m) (a) 5. and amended to read:
AB43,,49749716.75 (3m) (a) 5. “Disabled veteran-owned Veteran-owned business” means a business certified by the department of administration under s. 16.283 (3).
AB43,131498Section 131. 16.75 (3m) (a) 1e. of the statutes is created to read:
AB43,,49949916.75 (3m) (a) 1e. “Disability-owned business” means a business, other than a financial adviser or investment firm, certified by the department under s. 16.289 (3).
AB43,132500Section 132. 16.75 (3m) (a) 1f. of the statutes is created to read:
AB43,,50150116.75 (3m) (a) 1f. “Disability-owned financial adviser” means a financial adviser certified by the department under s. 16.289 (3).
AB43,133502Section 133. 16.75 (3m) (a) 1g. of the statutes is created to read:
AB43,,50350316.75 (3m) (a) 1g. “Disability-owned investment firm” means an investment firm certified by the department under s. 16.289 (3).
AB43,134504Section 134. 16.75 (3m) (a) 2. of the statutes is renumbered 16.75 (3m) (a) 6. and amended to read:
AB43,,50550516.75 (3m) (a) 6. “Disabled veteran-owned Veteran-owned financial adviser” means a financial adviser certified by the department of administration under s. 16.283 (3).
AB43,135506Section 135. 16.75 (3m) (a) 3. of the statutes is renumbered 16.75 (3m) (a) 7. and amended to read:
AB43,,50750716.75 (3m) (a) 7. “Disabled veteran-owned Veteran-owned investment firm” means an investment firm certified by the department of administration under s. 16.283 (3).
AB43,136508Section 136. 16.75 (3m) (a) 3q. of the statutes is created to read:
AB43,,50950916.75 (3m) (a) 3q. “Lesbian, gay, bisexual, or transgender-owned business” means a business, other than a financial adviser or investment firm, certified by the department under s. 16.288 (3).
AB43,137510Section 137. 16.75 (3m) (a) 3r. of the statutes is created to read:
AB43,,51151116.75 (3m) (a) 3r. “Lesbian, gay, bisexual, or transgender-owned financial adviser” means a financial adviser certified by the department under s. 16.288 (3).
AB43,138512Section 138. 16.75 (3m) (a) 3s. of the statutes is created to read:
AB43,,51351316.75 (3m) (a) 3s. “Lesbian, gay, bisexual, or transgender-owned investment firm” means an investment firm certified by the department under s. 16.288 (3).
AB43,139514Section 139. 16.75 (3m) (b) 2. of the statutes is amended to read:
AB43,,51551516.75 (3m) (b) 2. The department, any agency to which the department delegates purchasing authority under s. 16.71 (1), and any agency making purchases under s. 16.74 shall attempt to ensure that at least 1 an aggregate amount of 5 percent of the total amount expended under this subchapter in each fiscal year is paid to disabled veteran-owned businesses, disability-owned businesses, and lesbian, gay, bisexual or transgender-owned businesses.
AB43,140516Section 140. 16.75 (3m) (b) 3. of the statutes is amended to read:
AB43,,51751716.75 (3m) (b) 3. Except as provided under sub. (7), the department, any agency to which the department delegates purchasing authority under s. 16.71 (1), and any agency making purchases under s. 16.74 may purchase materials, supplies, equipment, and contractual services from any minority business or disabled, veteran-owned business, lesbian, gay, bisexual, or transgender-owned business, or disability-owned business, or a business that is both a minority business and a disabled veteran-owned business any combination of those, submitting a qualified responsible competitive bid that is no more than 5 percent higher than the apparent low bid or competitive proposal that is no more than 5 percent higher than the most advantageous proposal. In administering the preference for minority businesses or disabled, veteran-owned businesses, lesbian, gay, bisexual, or transgender-owned businesses, and disability-owned businesses established in this paragraph, the department, the delegated agency, and any agency making purchases under s. 16.74 shall maximize the use of minority businesses or disabled, veteran-owned businesses which, lesbian, gay, bisexual, or transgender-owned businesses, and disability-owned businesses that are incorporated under ch. 180 or which that have their principal place of business in this state.