AB924,4,87 16.75 (3m) (a) 1. "Disabled veteran-owned business" means a business that is
8certified by the department of commerce under s. 560.033 (3).
AB924,4,109 2. "Disabled veteran-owned financial adviser" means a financial adviser
10certified by the department of commerce under s. 560.033 (3).
AB924,4,1211 3. "Disabled veteran-owned investment firm" means an investment firm
12certified by the department of commerce under s. 560.033 (3).
AB924, s. 3 13Section 3. 16.75 (3m) (b) of the statutes is renumbered 16.75 (3m) (b) 1. and
14amended to read:
AB924,5,3
116.75 (3m) (b) 1. The department and any agency making purchases under s.
216.74 shall attempt to ensure that 5% 5 percent of the total amount expended under
3this subchapter in each fiscal year is paid to minority businesses.
AB924,5,13 43. Except as provided under sub. (7), the department may purchase materials,
5supplies, equipment, and contractual services from any minority business or
6disabled veteran-owned business
submitting a qualified responsible competitive bid
7that is no more than 5% 5 percent higher than the apparent low bid or competitive
8proposal that is no more than 5% 5 percent higher than the most advantageous offer
9proposal. In administering the preference for minority businesses or disabled
10veteran-owned businesses
established in this paragraph, the department and any
11agency making purchases under s. 16.74 shall maximize the use of minority
12businesses or disabled veteran-owned businesses which are incorporated under ch.
13180 or which have their principal place of business in this state.
AB924, s. 4 14Section 4. 16.75 (3m) (b) 2. of the statutes is created to read:
AB924,5,1715 16.75 (3m) (b) 2. The department and any agency making purchases under s.
1616.74 shall make efforts to ensure that a portion of the total amount expended under
17this subchapter in each fiscal year is paid to disabled veteran-owned businesses.
AB924, s. 5 18Section 5. 16.75 (3m) (c) 1. of the statutes is amended to read:
AB924,5,2219 16.75 (3m) (c) 1. After completing any contract under this subchapter, the
20contractor shall report to the agency that awarded the contract any amount of the
21contract that was subcontracted to minority businesses and any amount of the
22contract that was subcontracted to disabled veteran-owned businesses
.
AB924, s. 6 23Section 6. 16.75 (3m) (c) 2. of the statutes is renumbered 16.75 (3m) (c) 2.
24(intro.) and amended to read:
AB924,6,3
116.75 (3m) (c) 2. Each agency shall report to the department at least
2semiannually, or more often if required by the department, the all of the following
3for the reporting period specified by the department:
AB924,6,5 4a. The total amount of money it has expended for contracts and orders awarded
5to minority businesses and the.
AB924,6,7 6c. The number of contacts with minority businesses in connection with
7proposed purchases.
AB924, s. 7 8Section 7. 16.75 (3m) (c) 2. b. and d. of the statutes are created to read:
AB924,6,119 16.75 (3m) (c) 2. b. The total amount of money and the percentage of the total
10amount of money it has expended for contracts and orders awarded to disabled
11veteran-owned businesses.
AB924,6,1312 d. The number of contacts with disabled veteran-owned businesses in
13connection with proposed purchases.
AB924, s. 8 14Section 8. 16.75 (3m) (c) 3. of the statutes is amended to read:
AB924,6,1915 16.75 (3m) (c) 3. The department shall maintain and annually publish data on
16state purchases from minority businesses and on state purchases from disabled
17veteran-owned businesses
, including amounts expended and the percentage of total
18expenditures awarded to minority businesses and amounts expended and the
19percentage of total expenditures awarded to disabled veteran-owned businesses
.
AB924, s. 9 20Section 9. 16.75 (3m) (c) 4. of the statutes is amended to read:
AB924,7,1321 16.75 (3m) (c) 4. The department shall annually prepare and submit a report
22to the governor and to the chief clerk of each house of the legislature, for distribution
23to the appropriate standing committees under s. 13.172 (3), on the total amount of
24money paid to and the amount of indebtedness or other obligations underwritten by
25minority businesses, minority financial advisers and, minority investment firms,

1disabled veteran-owned businesses, disabled veteran-owned financial advisers,
2and disabled veteran-owned investment firms
under the requirements of this
3subsection and ss. 16.855 (10m), 16.87 (2), 25.185, 84.075 and 565.25 (2) (a) 3. and
4on this state's progress toward achieving compliance with par. (b) and ss. 16.855
5(10m) (a) (am) and (10n), 16.87 (2), 25.185, and 84.075 (1) (1m). The report shall also
6include the percentage of the total amount of money paid to and the percentage of
7the total amount of indebtedness or other obligations underwritten by disabled
8veteran-owned businesses, disabled veteran-owned financial advisers, and
9disabled veteran-owned investment firms. In calculating the percentages to be
10reported under this subsection, the department shall exclude any purchase or
11contract for which a preference would violate any federal law or regulation or any
12contract between an agency and a federal agency or any contract that would result
13in a reduction in the the amount of federal aids received by this state
.
AB924, s. 10 14Section 10. 16.75 (3m) (c) 5. of the statutes is renumbered 16.75 (3m) (c) 5. a.
15and amended to read:
AB924,7,2016 16.75 (3m) (c) 5. a. In determining whether a purchase, contract or subcontract
17complies with the goal established under par. (b) 1. or s. 16.855 (10m) (am) 1., 16.87
18(2) (b), or 25.185 (2) (a), the department shall include only amounts paid to minority
19businesses, minority financial advisers and minority investment firms certified by
20the department of commerce under s. 560.036 (2).
AB924, s. 11 21Section 11. 16.75 (3m) (c) 5. b. of the statutes is created to read:
AB924,7,2522 16.75 (3m) (c) 5. b. In determining whether a purchase, contract, or subcontract
23is made with a disabled veteran-owned business, the department shall include only
24amounts paid to disabled veteran-owned businesses certified by the department of
25commerce under s. 560.033 (3).
AB924, s. 12
1Section 12. 16.855 (10m) (a) of the statutes is renumbered 16.855 (10m) (am)
21. and amended to read:
AB924,8,63 16.855 (10m) (am) 1. In awarding construction contracts the department shall
4attempt to ensure that 5% 5 percent of the total amount expended in each fiscal year
5is awarded to contractors and subcontractors which are minority businesses, as
6defined under s. 16.75 (3m) (a) 1.
AB924,8,9 73. The department may award any contract to a minority business or disabled
8veteran-owned business
that submits a qualified responsible bid that is no more
9than 5% 5 percent higher than the apparent low bid.
AB924, s. 13 10Section 13. 16.855 (10m) (ac) of the statutes is created to read:
AB924,8,1211 16.855 (10m) (ac) In this subsection, "disabled veteran-owned business"
12means a business certified by the department of commerce under s. 560.033 (3).
AB924, s. 14 13Section 14. 16.855 (10m) (am) 2. of the statutes is created to read:
AB924,8,1714 16.855 (10m) (am) 2. In awarding construction contracts, the department shall
15make efforts to ensure that a portion of the total amount expended in each fiscal year
16is awarded to contractors and subcontractors that are disabled veteran-owned
17businesses.
AB924, s. 15 18Section 15. 16.855 (10m) (b) of the statutes is amended to read:
AB924,8,2119 16.855 (10m) (b) Upon completion of any contract, the contractor shall report
20to the department any amount of the contract that was subcontracted to minority
21businesses or disabled veteran-owned businesses.
AB924, s. 16 22Section 16. 16.855 (10m) (c) of the statutes is amended to read:
AB924,8,2523 16.855 (10m) (c) The department shall maintain and annually publish data on
24contracts awarded to minority businesses and disabled veteran-owned businesses
25under this subsection and ss. 16.87 and 84.075.
AB924, s. 17
1Section 17. 16.855 (14) (a) of the statutes is amended to read:
AB924,9,122 16.855 (14) (a) If a project requires prior approval of the building commission
3under s. 13.48 (10) (a) and bids are required to be solicited under sub. (2), the
4department shall take both single bids and separate bids on any division of the work
5that it designates. If a project does not require prior approval of the building
6commission under s. 13.48 (10) (a) and bids are required to be solicited under sub.
7(2), the department may take single bids or separate bids on any division of the work
8that it designates. If the department awards contracts by the division of work, the
9department shall award the contracts according to the division of work selected for
10bidding. Except as provided in sub. (10m) (a) (am), the department shall award all
11contracts to the lowest qualified responsible bidder or bidders that result in the
12lowest total construction cost for the project.
AB924, s. 18 13Section 18. 16.87 (1) (am) of the statutes is created to read:
AB924,9,1514 16.87 (1) (am) "Disabled veteran-owned business" means a business certified
15by the department of commerce under s. 560.033 (3).
AB924, s. 19 16Section 19. 16.87 (2) of the statutes is renumbered 16.87 (2) (a) and amended
17to read:
AB924,9,2218 16.87 (2) (a) A contract for engineering services or architectural services or a
19contract involving an expenditure of $10,000 or more for construction work, or
20$30,000 or more for limited trades work, to be done for or furnished to the state or
21a department, board, commission, or officer of the state is exempt from the
22requirements of ss. 16.705 and 16.75.
AB924,9,25 23(b) The department shall attempt to ensure that 5% 5 percent of the total
24amount expended under this section in each fiscal year is paid to minority
25businesses, as defined in s. 16.75 (3m) (a) 1.
AB924, s. 20
1Section 20. 16.87 (2) (c) of the statutes is created to read:
AB924,10,42 16.87 (2) (c) The department shall make efforts to ensure that a portion of the
3total amount expended under this section in each fiscal year is paid to disabled
4veteran-owned businesses.
AB924, s. 21 5Section 21. 18.16 (title) of the statutes is amended to read:
AB924,10,7 618.16 (title) Minority financial advisers and investment firms; disabled
7veteran-owned financial advisers and investment firms
.
AB924, s. 22 8Section 22. 18.16 (1) of the statutes is repealed and recreated to read:
AB924,10,99 18.16 (1) In this section:
AB924,10,1110 (a) "Disabled veteran-owned financial adviser" means a financial adviser
11certified by the department of commerce under s. 560.033 (3).
AB924,10,1312 (b) "Disabled veteran-owned investment firm" means an investment firm
13certified by the department of commerce under s. 560.033 (3).
AB924,10,1514 (c) "Minority financial adviser" means a financial adviser certified by the
15department of commerce under s. 560.036 (2).
AB924,10,1716 (d) "Minority investment firm" means an investment firm certified by the
17department of commerce under s. 560.036 (2).
AB924, s. 23 18Section 23. 18.16 (2) of the statutes is renumbered 18.16 (2) (a).
AB924, s. 24 19Section 24. 18.16 (2) (b) of the statutes is created to read:
AB924,10,2320 18.16 (2) (b) Except as provided in sub. (7), in contracting public debt by
21competitive sale, the commission shall make efforts to ensure that a portion of the
22total public indebtedness contracted in each fiscal year is underwritten by disabled
23veteran-owned investment firms.
AB924, s. 25 24Section 25. 18.16 (3) of the statutes is renumbered 18.16 (3) (a).
AB924, s. 26 25Section 26. 18.16 (3) (b) of the statutes is created to read:
AB924,11,4
118.16 (3) (b) Except as provided under sub. (7), in contracting public debt by
2negotiated sale, the commission shall make efforts to ensure that a portion of total
3public indebtedness contracted in each fiscal year is underwritten by disabled
4veteran-owned investment firms.
AB924, s. 27 5Section 27. 18.16 (4) of the statutes is renumbered 18.16 (4) (a).
AB924, s. 28 6Section 28. 18.16 (4) (b) of the statutes is created to read:
AB924,11,107 18.16 (4) (b) Except as provided under sub. (7), in contracting public debt by
8competitive sale or negotiated sale, the commission shall make efforts to ensure that
9a portion of the total moneys expended in each fiscal year for the services of financial
10advisers are expended for the services of disabled veteran-owned financial advisers.
AB924, s. 29 11Section 29. 18.16 (5) of the statutes is renumbered 18.16 (5) (a).
AB924, s. 30 12Section 30. 18.16 (5) (b) of the statutes is created to read:
AB924,11,1713 18.16 (5) (b) Except as provided under s. 18.06 (9) and sub. (7), an individual
14underwriter or syndicate of underwriters shall make efforts to ensure that each bid
15or proposal, submitted by that individual or syndicate in a competitive or negotiated
16sale of public debt, provides for a portion of sales to disabled veteran-owned
17investment firms.
AB924, s. 31 18Section 31. 18.16 (6) of the statutes is amended to read:
AB924,11,2419 18.16 (6) The commission shall annually report to the department of
20administration the total amount of public indebtedness contracted with the
21underwriting services of minority investment firms and disabled veteran-owned
22investment firms
and the total amount of moneys expended for the services of
23minority financial advisers and disabled veteran-owned financial advisers during
24the preceding fiscal year.
AB924, s. 32 25Section 32. 18.64 (title) of the statutes is amended to read:
AB924,12,2
118.64 (title) Minority financial advisers and investment firms; disabled
2veteran-owned financial advisers and investment firms
.
AB924, s. 33 3Section 33. 18.64 (1) of the statutes is repealed and recreated to read:
AB924,12,44 18.64 (1) In this section:
AB924,12,65 (a) "Disabled veteran-owned financial adviser" means a financial adviser
6certified by the department of commerce under s. 560.033 (3).
AB924,12,87 (b) "Disabled veteran-owned investment firm" means an investment firm
8certified by the department of commerce under s. 560.033 (3).
AB924,12,109 (c) "Minority financial adviser" means a financial adviser certified by the
10department of commerce under s. 560.036 (2).
AB924,12,1211 (d) "Minority investment firm" means an investment firm certified by the
12department of commerce under s. 560.036 (2).
AB924, s. 34 13Section 34. 18.64 (2) of the statutes is renumbered 18.64 (2) (a).
AB924, s. 35 14Section 35. 18.64 (2) (b) of the statutes is created to read:
AB924,12,1815 18.64 (2) (b) Except as provided under sub. (7), in issuing evidences of revenue
16obligations by competitive sale, the commission shall make efforts to ensure that a
17portion of the total of revenue obligations contracted in each fiscal year is
18underwritten by disabled veteran-owned investment firms.
AB924, s. 36 19Section 36. 18.64 (3) of the statutes is renumbered 18.64 (3) (a).
AB924, s. 37 20Section 37. 18.64 (3) (b) of the statutes is created to read:
AB924,12,2421 18.64 (3) (b) Except as provided under sub. (7), in issuing evidences of revenue
22obligations by negotiated sale, the commission shall make efforts to ensure that a
23portion of the total of revenue obligations contracted in each fiscal year is
24underwritten by disabled veteran-owned investment firms.
AB924, s. 38 25Section 38. 18.64 (4) of the statutes is renumbered 18.64 (4) (a).
AB924, s. 39
1Section 39. 18.64 (4) (b) of the statutes is created to read:
AB924,13,62 18.64 (4) (b) Except as provided under sub. (7), in issuing evidences of revenue
3obligations by competitive sale or negotiated sale, the commission shall make efforts
4to ensure that a portion of the total moneys expended in such fiscal year for the
5services of financial advisers are expended for the services of disabled
6veteran-owned financial advisers.
AB924, s. 40 7Section 40. 18.64 (5) of the statutes is renumbered 18.64 (5) (a).
AB924, s. 41 8Section 41. 18.64 (5) (b) of the statutes is created to read:
AB924,13,139 18.64 (5) (b) Except as provided under sub. (7), an individual underwriter or
10syndicate of underwriters shall make efforts to ensure that each bid or proposal,
11submitted by that individual or syndicate in a competitive or negotiated sale of a
12revenue obligation, provides for a portion of sales to disabled veteran-owned
13investment firms.
AB924, s. 42 14Section 42. 18.64 (6) of the statutes is amended to read:
AB924,13,2015 18.64 (6) The commission shall annually report to the department of
16administration the total amount of revenue obligations contracted with the
17underwriting services of minority investment firms and disabled veteran-owned
18investment firms
and the total amount of moneys expended for the services of
19minority financial advisers and disabled veteran-owned financial advisers during
20the preceding fiscal year.
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