AB228,14,65 (c) "Minority financial adviser" means a financial adviser certified by the
6department of commerce under s. 560.036 (2).
AB228,14,87 (d) "Minority investment firm" means an investment firm certified by the
8department of commerce under s. 560.036 (2).
AB228, s. 45 9Section 45. 18.77 (2) of the statutes is renumbered 18.77 (2) (a).
AB228, s. 46 10Section 46. 18.77 (2) (b) of the statutes is created to read:
AB228,14,1411 18.77 (2) (b) Except as provided under sub. (7), in contracting operating notes
12by competitive sale, the commission shall make efforts to ensure that a portion of
13total operating note indebtedness contracted in each fiscal year is underwritten by
14disabled veteran-owned investment firms.
AB228, s. 47 15Section 47. 18.77 (3) of the statutes is renumbered 18.77 (3) (a).
AB228, s. 48 16Section 48. 18.77 (3) (b) of the statutes is created to read:
AB228,14,2017 18.77 (3) (b) Except as provided under sub. (7), in contracting operating notes
18by negotiated sale, the commission shall make efforts to ensure that a portion of total
19operating note indebtedness contracted in each fiscal year is underwritten by
20disabled veteran-owned investment firms.
AB228, s. 49 21Section 49. 18.77 (4) of the statutes is renumbered 18.77 (4) (a).
AB228, s. 50 22Section 50. 18.77 (4) (b) of the statutes is created to read:
AB228,15,223 18.77 (4) (b) Except as provided under sub. (7), in contracting operating notes
24by competitive sale or negotiated sale, the commission shall make efforts to ensure
25that a portion of the total moneys expended in such fiscal year for the services of

1financial advisers are expended for the services of disabled veteran-owned financial
2advisers.
AB228, s. 51 3Section 51. 18.77 (5) of the statutes is renumbered 18.77 (5) (a).
AB228, s. 52 4Section 52. 18.77 (5) (b) of the statutes is created to read:
AB228,15,95 18.77 (5) (b) Except as provided under sub. (7), an individual underwriter or
6syndicate of underwriters shall make efforts to ensure that each bid or proposal,
7submitted by that individual or syndicate in a competitive or negotiated sale of an
8operating note, provides for a portion of sales to disabled veteran-owned investment
9firms.
AB228, s. 53 10Section 53. 18.77 (6) of the statutes is amended to read:
AB228,15,1511 18.77 (6) The commission shall annually report to the department of
12administration the total amount of operating note indebtedness contracted with the
13underwriting services of minority investment firms and the total amount of moneys
14expended for the services of minority financial advisers and disabled veteran-owned
15financial advisers
during the preceding fiscal year.
AB228, s. 54 16Section 54. 23.41 (6) of the statutes is amended to read:
AB228,15,1917 23.41 (6) The department shall attempt to ensure that at least 5% of the total
18amount expended under this section in each fiscal year is paid to minority
19businesses, as defined in s. 16.75 (3m) (a) 4.
AB228, s. 55 20Section 55. 25.185 (title) of the statutes is amended to read:
AB228,15,22 2125.185 (title) Minority financial advisers and investment firms;
22disabled veteran-owned financial advisers and investment firms
.
AB228, s. 56 23Section 56. 25.185 (1) of the statutes is repealed and recreated to read:
AB228,15,2424 25.185 (1) In this section:
AB228,16,2
1(a) "Disabled veteran-owned financial adviser" means a financial adviser
2certified by the department of commerce under s. 560.033 (3).
AB228,16,43 (b) "Disabled veteran-owned investment firm" means an investment firm
4certified by the department of commerce under s. 560.033 (3).
AB228,16,65 (c) "Minority financial adviser" means a financial adviser certified by the
6department of commerce under s. 560.036 (2).
AB228,16,87 (d) "Minority investment firm" means an investment firm certified by the
8department of commerce under s. 560.036 (2).
AB228, s. 57 9Section 57. 25.185 (3) of the statutes is amended to read:
AB228,16,1410 25.185 (3) The board shall annually report to the department of administration
11the total amount of moneys expended under sub. (2) for common stock and
12convertible bond brokerage commissions, the services of minority and disabled
13veteran-owned
financial advisers, and the services of minority and disabled
14veteran-owned
investment firms during the preceding fiscal year.
AB228, s. 58 15Section 58. 84.075 (title) of the statutes is amended to read:
AB228,16,17 1684.075 (title) Contracting with minority businesses and disabled
17veteran-owned businesses
.
AB228, s. 59 18Section 59. 84.075 (1) of the statutes is renumbered 84.075 (1m) (a) and
19amended to read:
AB228,17,220 84.075 (1m) (a) In purchasing services under s. 84.01 (13), in awarding
21construction contracts under s. 84.06 and in contracting with private contractors and
22agencies under s. 84.07, the department shall attempt to ensure that 5% 5 percent
23of the total amount expended in each fiscal year is paid to contractors,
24subcontractors, and vendors which that are minority businesses, as defined under
25s. 560.036 (1) (e) 1
. In attempting to meet this goal, the department may award any

1contract to a minority business that submits a qualified responsible bid that is no
2more than 5% 5 percent higher than the low bid.
AB228, s. 60 3Section 60. 84.075 (1c) of the statutes is created to read:
AB228,17,44 84.075 (1c) In this section:
AB228,17,65 (a) "Disabled veteran-owned business" means a business certified by the
6department of commerce under s. 560.033 (3).
AB228,17,87 (b) "Minority business" means a business certified by the department of
8commerce under s. 560.036 (2).
AB228, s. 61 9Section 61. 84.075 (1m) (b) of the statutes is created to read:
AB228,17,1710 84.075 (1m) (b) In purchasing services under s. 84.01 (13), in awarding
11construction contracts under s. 84.06 and in contracting with private contractors and
12agencies under s. 84.07, the department may award any contract to a disabled
13veteran-owned business that submits a qualified responsible bid that is no more
14than 5 percent higher than the low bid unless doing so would violate the provisions
15of any federal law or regulation or any contract between the department and a
16federal agency or would otherwise result in a reduction of the amount of federal
17highway aid received by this state.
AB228, s. 62 18Section 62. 84.075 (2) of the statutes is amended to read:
AB228,17,2119 84.075 (2) The contractor shall report to the department any amount of the
20contract paid to subcontractors and vendors which are minority businesses or
21disabled veteran-owned businesses
.
AB228, s. 63 22Section 63. 84.075 (3) of the statutes is amended to read:
AB228,18,623 84.075 (3) The department shall at least semiannually, or more often if
24required by the department of administration, report to the department of
25administration the total amount of money it has paid to contractors, subcontractors,

1and vendors which that are minority businesses and that are disabled
2veteran-owned businesses
under ss. 84.01 (13), 84.06, and 84.07 and the number of
3contacts with minority businesses and disabled veteran-owned businesses in
4connection with proposed purchases and contracts. In its reports, the department
5shall include only amounts paid to businesses certified by the department of
6commerce
as minority businesses or disabled veteran-owned businesses.
AB228, s. 64 7Section 64. 85.25 (2) (c) (intro.) of the statutes is amended to read:
AB228,18,88 85.25 (2) (c) (intro.) "Disadvantaged business" means a any of the following:
AB228,18,10 91m. A sole proprietorship, partnership, limited liability company, joint venture
10or corporation that fulfills all of the following requirements:
AB228, s. 65 11Section 65. 85.25 (2) (c) 1. and 2. of the statutes are renumbered 85.25 (2) (c)
121m. a. and b.
AB228, s. 66 13Section 66. 85.25 (2) (c) 2m. of the statutes is created to read:
AB228,18,1514 85.25 (2) (c) 2m. A disabled veteran-owned business, as defined in s. 84.075 (1c)
15(a).
AB228, s. 67 16Section 67. 200.57 (title) of the statutes is amended to read:
AB228,18,18 17200.57 (title) Minority financial advisers and investment firms and
18disabled veteran-owned businesses
.
AB228, s. 68 19Section 68. 200.57 (1) of the statutes is renumbered 200.57 (1) (intro.) and
20amended to read:
AB228,18,2121 200.57 (1) In this section, "minority :
AB228,18,24 22(b) "Minority financial adviser" and "minority investment firm" mean a
23financial adviser and investment firm, respectively, certified by the department of
24commerce under s. 560.036 (2).
AB228, s. 69 25Section 69. 200.57 (1) (a) of the statutes is created to read:
AB228,19,3
1200.57 (1) (a) "Disabled veteran-owned financial adviser" and "disabled
2veteran-owned investment firm" mean a financial adviser and investment firm,
3respectively, certified by the department of commerce under s. 560.033 (3)
AB228, s. 70 4Section 70. 200.57 (3) of the statutes is created to read:
AB228,19,95 200.57 (3) The commission shall make efforts to ensure that a portion of the
6total funds expended for financial and investment analysis and for common stock
7and convertible bond brokerage commissions in each fiscal year is expended for the
8services of disabled veteran-owned financial advisers or disabled veteran-owned
9investment firms.
AB228, s. 71 10Section 71. 229.46 (1) (a) of the statutes is renumbered 229.46 (1) (am).
AB228, s. 72 11Section 72. 229.46 (1) (ag) of the statutes is created to read:
AB228,19,1312 229.46 (1) (ag) "Disabled veteran-owned business" means a business certified
13by the department of commerce under s. 560.033 (3).
AB228, s. 73 14Section 73. 229.46 (2) (intro.) of the statutes is amended to read:
AB228,19,2015 229.46 (2) (intro.) A person who is awarded a contract by a district shall agree,
16as a condition to receiving the contract, that at least 25% of the employees hired
17because of the contract will be minority group members and at least 5% of the
18employees hired because of the contract will be women, and shall make efforts to
19ensure that a portion of the employees hired because of the contract will be employees
20of a disabled veteran-owned business,
if any of the following applies:
AB228, s. 74 21Section 74. 229.46 (3) (intro.) of the statutes is amended to read:
AB228,20,322 229.46 (3) (intro.) At least 25% of the aggregate dollar value of contracts
23awarded by the district in the following areas shall be awarded to minority
24businesses and at least 5% of the aggregate dollar value of contracts awarded by the
25district in the following areas shall be awarded to women's businesses , and the

1district shall make efforts to ensure that a portion of the aggregate dollar value of
2contracts awarded by the district in the following areas shall be awarded to disabled
3veteran-owned businesses
:
AB228, s. 75 4Section 75. 229.70 (title) of the statutes is amended to read:
AB228,20,6 5229.70 (title) Minority contracting goals ; disabled veteran-owned
6business contracting goals
.
AB228, s. 76 7Section 76. 229.70 (1) (a) of the statutes is renumbered 229.70 (1) (am).
AB228, s. 77 8Section 77. 229.70 (1) (ag) of the statutes is created to read:
AB228,20,109 229.70 (1) (ag) "Disabled veteran-owned business" means a business certified
10by the department of commerce under s. 560.033 (3).
AB228, s. 78 11Section 78. 229.70 (2) of the statutes is amended to read:
AB228,20,1912 229.70 (2) The district shall ensure that, for construction work and
13professional services contracts, a person who is awarded such a contract by a district
14shall agree, as a condition to receiving the contract, that his or her goal shall be to
15ensure that at least 25% of the employees hired because of the contract will be
16minority group members, a portion of the employees hired because of the contract
17will be employees of a disabled veteran-owned business,
and at least 5% of the
18employees hired because of the contract will be women if the contract is for the
19construction of any part of baseball park facilities.
AB228, s. 79 20Section 79. 229.70 (3) (intro.) of the statutes is amended to read:
AB228,21,221 229.70 (3) (intro.) It shall be a goal of the district to ensure that at least 25%
22of the aggregate dollar value of contracts awarded by the district in the following
23areas shall be awarded to minority businesses, a portion of the aggregate dollar value
24of contracts awarded by the district in the following areas shall be awarded to
25disabled veteran-owned businesses,
and at least 5% of the aggregate dollar value of

1contracts awarded by the district in the following areas shall be awarded to women's
2businesses:
AB228, s. 80 3Section 80. 229.70 (4) of the statutes is amended to read:
AB228,21,84 229.70 (4) It shall be a goal of a district, with regard to each of the contracts
5described under sub. (3) (a), (b) and (c), to award at least 25% of the dollar value of
6such contracts to minority businesses, a portion of the dollar value of such contracts
7to disabled veteran-owned businesses,
and at least 5% of the dollar value of such
8contracts to women's businesses.
AB228, s. 81 9Section 81. 229.70 (4m) of the statutes is amended to read:
AB228,21,1810 229.70 (4m) (a) The district shall ensure that, for construction work and
11professional services contracts, a person who is awarded such a contract by a district
12shall agree, as a condition to receiving the contract, that if he or she is unable to meet
13the goal under sub. (2), he or she shall make a good faith effort to contract with the
14technical college district board of the technical college district in which the facilities
15are to be constructed or the professional services contract is to be performed, to
16develop appropriate training programs designed to increase the pool of minority
17group members, disabled veterans, and women who are qualified to perform the
18construction work or professional services.
AB228,21,2419 (b) If the district is unable to meet the goals under subs. (3) and (4), the district
20shall make a good faith effort to contract with the technical college district board of
21the technical college district in which the contracts described under sub. (3) (a), (b)
22and (c) are to be performed, to develop appropriate training programs designed to
23increase the pool of minority group members, disabled veterans, and women who are
24qualified to perform the contracts described under sub. (3) (a), (b) and (c).
AB228, s. 82 25Section 82. 229.70 (5) (b) 1. of the statutes is amended to read:
AB228,22,4
1229.70 (5) (b) 1. The supply of eligible minority businesses, disabled
2veteran-owned businesses,
and women's businesses that have the financial capacity,
3technical capacity and previous experience in the areas in which contracts were
4awarded.
AB228, s. 83 5Section 83. 229.70 (5) (b) 2. of the statutes is amended to read:
AB228,22,86 229.70 (5) (b) 2. The competing demands for the services provided by eligible
7minority businesses, disabled veteran-owned businesses, and women's businesses,
8as described in subd. 1., in areas in which contracts were awarded.
AB228, s. 84 9Section 84. 229.70 (5) (b) 3. of the statutes is amended to read:
AB228,22,1410 229.70 (5) (b) 3. The extent to which the district or contractors advertised for
11and aggressively solicited bids from eligible minority businesses, disabled
12veteran-owned businesses,
and women's businesses, as described in subd. 1., and
13the extent to which eligible minority businesses, disabled veteran-owned
14businesses,
and women's businesses submitted bids.
AB228, s. 85 15Section 85. 229.8273 (title) of the statutes is amended to read:
AB228,22,16 16229.8273 (title) Minority, disabled veteran, and women contracting.
AB228, s. 86 17Section 86. 229.8273 (1) (am) of the statutes is created to read:
AB228,22,1918 229.8273 (1) (am) "Disabled veteran-owned business" means a business
19certified by the department of commerce under s. 560.033 (3).
AB228, s. 87 20Section 87. 229.8273 (2) of the statutes is amended to read:
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