AB43,88 21Section 88. 16.283 (1) (b) 1. and 2. of the statutes are renumbered 16.283 (1)
22(g) 1. and 2.
AB43,89 23Section 89. 16.283 (1) (b) 3. of the statutes is repealed.
AB43,90 24Section 90 . 16.283 (2) of the statutes is amended to read:
AB43,224,3
116.283 (2) Disabled veteran-owned Veteran-owned business database. The
2department shall develop, maintain, and keep current a computer database of
3businesses, financial advisers, and investment firms certified under this section.
AB43,91 4Section 91. 16.283 (3) (title) of the statutes is amended to read:
AB43,224,65 16.283 (3) (title) Disabled veteran-owned Veteran-owned business, financial
6adviser, and investment firm certification.
AB43,92 7Section 92. 16.283 (3) (b) 1m. a. of the statutes is amended to read:
AB43,224,128 16.283 (3) (b) 1m. a. One or more disabled veterans owns not less than 51
9percent of the business, financial adviser, or investment firm or, in the case of any
10publicly owned business, financial adviser, or investment firm, one or more disabled
11veterans owns not less than 51 percent of the stock of the business, financial adviser,
12or investment firm.
AB43,93 13Section 93. 16.283 (3) (b) 1m. b. of the statutes is amended to read:
AB43,224,1714 16.283 (3) (b) 1m. b. One or more disabled veterans or one or more duly
15authorized representatives of one or more disabled veterans controls the
16management and daily business operations of the business, financial adviser, or
17investment firm.
AB43,94 18Section 94. 16.283 (3) (b) 2m. of the statutes is amended to read:
AB43,225,219 16.283 (3) (b) 2m. The department may, without conducting an investigation,
20certify a business, financial adviser, or investment firm having its principal place of
21business in this state and currently performing a useful business function if the
22business, financial advisor, or investment firm is certified, or otherwise classified, as
23a disabled veteran-owned business, financial advisor, or investment firm by an
24agency or municipality of this or another state, a federally recognized American
25Indian tribe, or the federal government, or by a private business with expertise in

1certifying disabled veteran-owned businesses if the business uses substantially the
2same procedures the department uses in making a determination under subd. 1m.
AB43,95 3Section 95 . 16.283 (3) (c) of the statutes is repealed.
AB43,96 4Section 96. 16.285 (1) (a) (intro.) of the statutes is amended to read:
AB43,225,55 16.285 (1) (a) (intro.) In this subsection, “ woman-owned section:
AB43,225,8 64. “Woman-owned business” means a sole proprietorship, partnership, limited
7liability company, joint venture, or corporation
business that fulfills all of the
8following requirements:
AB43,97 9Section 97. 16.285 (1) (a) 1. and 2. of the statutes are renumbered 16.285 (1)
10(a) 4. a. and b., and 16.285 (1) (a) 4. b., as renumbered, is amended to read:
AB43,225,1211 16.285 (1) (a) 4. b. It is currently performing a useful business function has its
12principal place of business
in this state.
AB43,98 13Section 98 . 16.285 (1) (a) 1m., 2m., 3., 5. and 6. of the statutes are created to
14read:
AB43,225,1615 16.285 (1) (a) 1m. “Business” means a sole proprietorship, partnership, limited
16liability company, joint venture, or corporation.
AB43,225,1717 2m. “Financial adviser” has the meaning given in s. 16.283 (1) (d).
AB43,225,1818 3. “Investment firm” has the meaning given in s. 16.283 (1) (e).
AB43,225,2019 5. “Woman-owned financial adviser” means a financial adviser that fulfills all
20of the following requirements:
AB43,225,2121 a. It is at least 51 percent owned, controlled, and actively managed by a woman.
AB43,225,2222 b. It has its principal place of business in this state.
AB43,225,2423 6. “Woman-owned investment firm” means an investment firm that fulfills all
24of the following requirements:
AB43,225,2525 a. It is at least 51 percent owned, controlled, and actively managed by a woman.
AB43,226,1
1b. It has its principal place of business in this state.
AB43,99 2Section 99. 16.285 (1) (b) of the statutes is amended to read:
AB43,226,163 16.285 (1) (b) The department shall implement a program for the certification
4of woman-owned businesses, woman-owned financial advisers, and woman-owned
5investment firms
. The department may, without conducting an investigation, certify
6a business currently performing a useful business function, financial adviser, or
7investment firm that has its principal place of business
in this state as a
8woman-owned business, woman-owned financial adviser, or woman-owned
9investment firm
if the business, financial adviser, or investment firm is certified, or
10otherwise classified, as a woman-owned business, woman-owned financial adviser,
11or woman-owned investment firm
by an agency or municipality of this or another
12state, a federally recognized American Indian tribe, or the federal government, or by
13a private business with expertise in certifying woman-owned businesses ,
14woman-owned financial advisers, or woman-owned investment firms
if the
15business uses substantially the same process as the department promulgates by rule
16for implementing this subsection.
AB43,100 17Section 100 . 16.285 (1) (bm) of the statutes is repealed.
AB43,101 18Section 101. 16.285 (2) of the statutes is amended to read:
AB43,227,219 16.285 (2) The department shall develop, maintain, and keep current a
20computer database of businesses, financial advisers, and investment firms certified
21under sub. (1)
in the state that are owned by women, containing demographic
22statistics and information on the types of industries represented, sales volume and
23growth rates, generation of jobs by both new and existing businesses, and any other
24relevant characteristics. The department shall compile and periodically update a list

1of businesses, financial advisers, and investment firms certified under sub. (1) and
2make the list available to the public on the Internet.
AB43,102 3Section 102 . 16.287 (2) (dm) of the statutes is repealed.
AB43,103 4Section 103. 16.287 (4) of the statutes is created to read:
AB43,227,75 16.287 (4) Minority business database. The department shall develop,
6maintain, and keep current a computer database of all minority businesses, minority
7financial advisers, and minority investment firms certified under this section.
AB43,104 8Section 104 . 16.288 of the statutes is created to read:
AB43,227,10 916.288 Lesbian, gay, bisexual, or transgender-owned businesses. (1)
10Definitions. In this section:
AB43,227,1211 (a) “Business" means a sole proprietorship, partnership, limited liability
12company, joint venture, or corporation.
AB43,227,1413 (b) “Duly authorized representative" means any person authorized in writing
14by the business to act on behalf of the business.
AB43,227,1615 (c) “Financial adviser" means a business that serves as an adviser with regard
16to the sale of evidences of indebtedness or other obligations.
AB43,227,1917 (d) “Investment firm" means a business that serves as a manager, comanager,
18or in any other underwriting capacity with regard to the sale of evidences of
19indebtedness or other obligations or as a broker-dealer, as defined in s. 551.102 (4).
AB43,227,2120 (e) “Useful business function" means the provision of materials, supplies,
21equipment, or services to customers, including the state.
AB43,227,24 22(2) Lesbian, gay, bisexual, or transgender-owned business database. The
23department shall develop, maintain, and keep current a computer database of all
24businesses, financial advisers, and investment firms certified under this section.
AB43,228,3
1(3) Lesbian, gay, bisexual, or transgender-owned business, financial adviser,
2and investment firm certification.
(a) Any business, financial adviser, or
3investment firm may apply to the department for certification under this section.
AB43,228,74 (b) 1. The department shall certify a business, financial adviser, or investment
5firm under this section if, after conducting an investigation, the department
6determines that the business, financial adviser, or investment firm fulfills all of the
7following requirements:
AB43,228,128 a. One or more lesbian, gay, bisexual, or transgender individuals own at least
951 percent of the business, financial adviser, or investment firm or, in the case of any
10publicly owned business, financial adviser, or investment firm, one or more lesbian,
11gay, bisexual, or transgender individuals own at least 51 percent of the stock of the
12business, financial adviser, or investment firm.
AB43,228,1613 b. One or more lesbian, gay, bisexual, or transgender individuals or one or more
14duly authorized representatives of one or more lesbian, gay, bisexual, or transgender
15individuals control the management and daily business operations of the business,
16financial adviser, or investment firm.
AB43,228,2017 c. The business, financial adviser, or investment firm is currently performing
18a useful business function. Acting as a conduit for the transfer of funds to a business
19that is not certified under this section does not constitute a useful business function,
20unless doing so is a normal industry practice.
AB43,229,221 2. The department may, without conducting an investigation, certify a
22business, financial adviser, or investment firm having its principal place of business
23in this state and currently performing a useful business function if the business,
24financial adviser, or investment firm is certified, or otherwise classified, as a lesbian,
25gay, bisexual, or transgender-owned business, financial adviser, or investment firm

1by an agency or municipality of this or another state, a federally recognized
2American Indian tribe or band, or the federal government.
AB43,229,103 (c) If a business, financial adviser, or investment firm applying for certification
4under this section fails to provide the department with sufficient information to
5enable the department to conduct an investigation under par. (b) 1. or does not
6qualify for certification under par. (b), the department shall deny the application.
7A business, financial adviser, or investment firm whose application is denied may,
8within 30 days after the date of the denial, appeal in writing to the secretary. The
9secretary shall enter his or her final decision within 30 days after receiving the
10appeal.
AB43,229,1511 (d) 1. The department may, at the request of any state agency or on its own
12initiative, evaluate any business, financial adviser, or investment firm certified
13under this section to verify that it continues to qualify for certification. The business,
14financial adviser, or investment firm shall provide the department with any records
15or information necessary to complete the examination.
AB43,229,2016 2. If a business, financial adviser, or investment firm fails to comply with a
17reasonable request for records or information, the department shall notify the
18business, financial adviser, or investment firm and the department of
19transportation, in writing, that it intends to decertify the business, financial adviser,
20or investment firm.
AB43,229,2521 3. If, after an evaluation under this paragraph, the department determines
22that a business, financial adviser, or investment firm no longer qualifies for
23certification under this section, the department shall notify the business, financial
24adviser, or investment firm and the department of transportation, in writing, that
25it intends to decertify the business, financial adviser, or investment firm.
AB43,230,3
1(e) 1. A business, financial adviser, or investment firm receiving a notice under
2par. (d) 2. or 3. may appeal in writing to the secretary within 30 days after the date
3of the notice.
AB43,230,64 2. If the business, financial adviser, or investment firm does not submit an
5appeal under subd. 1., the department shall immediately decertify the business,
6financial adviser, or investment firm.
AB43,230,117 3. If the business, financial adviser, or investment firm submits an appeal
8under subd. 1., the secretary shall enter his or her final decision, in writing, within
930 days after receiving the appeal. If the secretary confirms the decision of the
10department, the department shall immediately decertify the business, financial
11adviser, or investment firm.
AB43,230,2012 4. A business, financial adviser, or investment firm decertified under subd. 3.
13may, within 30 days after the secretary's decision, request a contested case hearing
14under s. 227.42 from the department. If the final administrative or judicial
15proceeding results in a determination that the business, financial adviser, or
16investment firm qualifies for certification under this section, the department shall
17immediately certify the business, financial adviser, or investment firm. The
18department shall provide the business, financial adviser, or investment firm and the
19department of transportation with a copy of the final written decision regarding
20certification under this paragraph.
AB43,230,22 21(4) Department rule making. The department shall promulgate by
22administrative rule procedures to implement this section.
AB43,105 23Section 105 . 16.289 of the statutes is created to read:
AB43,230,24 2416.289 Disability-owned businesses. (1) Definitions. In this section:
AB43,231,2
1(a) “Business" means a sole proprietorship, partnership, limited liability
2company, joint venture, or corporation.
AB43,231,43 (b) “Duly authorized representative" means any person authorized in writing
4by the business to act for the business.
AB43,231,65 (c) “Financial adviser" means a business that serves as an adviser with regard
6to the sale of evidences of indebtedness or other obligations.
AB43,231,97 (d) “Investment firm" means a business that serves as a manager, comanager,
8or in any other underwriting capacity with regard to the sale of evidences of
9indebtedness or other obligations or as a broker-dealer, as defined in s. 551.102 (4).
AB43,231,1110 (e) “Useful business function" means the provision of materials, supplies,
11equipment, or services to customers, including the state.
AB43,231,14 12(2) Disability-owned business database. The department shall develop,
13maintain, and keep current a computer database of all businesses, financial
14advisers, and investment firms certified under this section.
AB43,231,17 15(3) Disability-owned business, financial adviser, and investment firm
16certification.
(a) Any business, financial adviser, or investment firm may apply to
17the department for certification under this section.
AB43,231,2118 (b) 1. The department shall certify a business, financial adviser, or investment
19firm under this section if, after conducting an investigation, the department
20determines that the business, financial adviser, or investment firm fulfills all of the
21following requirements:
AB43,232,222 a. One or more individuals with a disability own at least 51 percent of the
23business, financial adviser, or investment firm or, in the case of any publicly owned
24business, financial adviser, or investment firm, one or more individuals with a

1disability own at least 51 percent of the stock of the business, financial adviser, or
2investment firm.
AB43,232,53 b. One or more individuals with a disability or one or more duly authorized
4representatives of one or more individuals with a disability control the management
5and daily business operations of the business, financial adviser, or investment firm.
AB43,232,76 c. The business, financial adviser, or investment firm has its principal place of
7business in this state.
AB43,232,118 d. The business, financial adviser, or investment firm is currently performing
9a useful business function. Acting as a conduit for the transfer of funds to a business
10that is not certified under this section does not constitute a useful business function,
11unless doing so is a normal industry practice.
AB43,232,1812 2. The department may, without conducting an investigation, certify a
13business, financial adviser, or investment firm having its principal place of business
14in this state and currently performing a useful business function if the business,
15financial adviser, or investment firm is certified, or otherwise classified, as
16disability-owned business, financial adviser, or investment firm by an agency or
17municipality of this or another state, a federally recognized American Indian tribe
18or band, or the federal government.
AB43,233,219 (c) If a business, financial adviser, or investment firm applying for certification
20under this section fails to provide the department with sufficient information to
21enable the department to conduct an investigation under par. (b) 1. or does not
22qualify for certification under par. (b), the department shall deny the application.
23A business, financial adviser, or investment firm whose application is denied may,
24within 30 days after the date of the denial, appeal in writing to the secretary. The

1secretary shall enter his or her final decision within 30 days after receiving the
2appeal.
AB43,233,73 (d) 1. The department may, at the request of any state agency or on its own
4initiative, evaluate any business, financial adviser, or investment firm certified
5under this section to verify that it continues to qualify for certification. The business,
6financial adviser, or investment firm shall provide the department with any records
7or information necessary to complete the examination.
AB43,233,128 2. If a business, financial adviser, or investment firm fails to comply with a
9reasonable request for records or information, the department shall notify the
10business, financial adviser, or investment firm and the department of
11transportation, in writing, that it intends to decertify the business, financial adviser,
12or investment firm.
AB43,233,1713 3. If, after an evaluation under this paragraph, the department determines
14that a business, financial adviser, or investment firm no longer qualifies for
15certification under this section, the department shall notify the business, financial
16adviser, or investment firm and the department of transportation, in writing, that
17it intends to decertify the business, financial adviser, or investment firm.
AB43,233,2018 (e) 1. A business, financial adviser, or investment firm receiving a notice under
19par. (d) 2. or 3. may appeal in writing to the secretary within 30 days after the date
20of the notice.
AB43,233,2321 2. If the business, financial adviser, or investment firm does not submit an
22appeal under subd. 1., the department shall immediately decertify the business,
23financial adviser, or investment firm.
AB43,234,324 3. If the business, financial adviser, or investment firm submits an appeal
25under subd. 1., the secretary shall enter his or her final decision, in writing, within

130 days after receiving the appeal. If the secretary confirms the decision of the
2department, the department shall immediately decertify the business, financial
3adviser, or investment firm.
AB43,234,124 4. A business, financial adviser, or investment firm decertified under subd. 3.
5may, within 30 days after the secretary's decision, request a contested case hearing
6under s. 227.42 from the department. If the final administrative or judicial
7proceeding results in a determination that the business, financial adviser, or
8investment firm qualifies for certification under this section, the department shall
9immediately certify the business, financial adviser, or investment firm. The
10department shall provide the business, financial adviser, or investment firm and the
11department of transportation with a copy of the final written decision regarding
12certification under this paragraph.
AB43,234,14 13(4) Department rule making. The department shall promulgate by
14administrative rule procedures to implement this section.
AB43,106 15Section 106. 16.29 (title) of the statutes is amended to read:
AB43,234,16 1616.29 (title) Technical assistance and tourism promotion.
AB43,107 17Section 107. 16.29 (1) of the statutes is renumbered 16.29 (1) (intro.) and
18amended to read:
AB43,234,2119 16.29 (1) (intro.) Annually, the department shall grant to the Great Lakes
20inter-tribal council the amount appropriated under s. 20.505 (1) (kx) to for the
21following purposes:
AB43,234,24 22(a) To partially fund a program to provide technical assistance for economic
23development on Indian reservations if the conditions under subs. (2) and (3) are
24satisfied.
AB43,108 25Section 108. 16.29 (1) (b) of the statutes is created to read:
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