AB68,605,17 23.41 (6) (c) The department shall attempt to ensure that at least 1 percent of the total amount expended under this section in each fiscal year is paid to lesbian, gay, bisexual, or transgender-owned businesses certified by the department of administration under s. 16.288 (3).

AB68,598 Section 598. 23.41 (6) (d) of the statutes is created to read:

AB68,605,22 23.41 (6) (d) The department shall attempt to ensure that at least 1 percent of the total amount expended under this section in each fiscal year is paid to disability-owned businesses certified by the department of administration under s. 16.289 (3).

AB68,599 Section 599. 25.17 (2) (h) of the statutes is created to read:

AB68,606,7 25.17 (2) (h) Notwithstanding any other provision of this chapter, invest moneys designated by the Board of Regents of the University of Wisconsin System under s. 36.11 (11m) (am) as directed by the Board of Regents under the Board of Regents' investment policies. The investment board shall make and manage investments under this paragraph in accordance with the investment directives and policies of the Board of Regents except that the investment board may decline to follow any investment directive or policy that the investment board considers to involve unreasonable risk or to be in violation of the investment board's standard of responsibility under s. 25.15 (2).

AB68,600 Section 600. 25.17 (9m) of the statutes is amended to read:

AB68,606,12 25.17 (9m) If contracted to do so by the Board of Regents of the University of Wisconsin System, invest the moneys specified in s. 36.11 (11m) (a) in accordance with the terms of the contract and the board's standard of responsibility specified in s. 25.15 (2).

AB68,601 Section 601. 25.185 (title) of the statutes is amended to read:

AB68,606,16 25.185 (title) Minority financial advisers and investment firms; disabled veteran-owned; lesbian, gay, bisexual, or transgender-owned; and disability-owned financial advisers and investment firms.

AB68,602 Section 602. 25.185 (1) (a) of the statutes is renumbered 25.185 (1) (ah).

AB68,603 Section 603. 25.185 (1) (ae) of the statutes is created to read:

AB68,606,20 25.185 (1) (ae) “Disability-owned financial adviser" means a financial adviser certified by the department of administration under s. 16.289 (3).

AB68,604 Section 604. 25.185 (1) (af) of the statutes is created to read:

AB68,606,23 25.185 (1) (af) “Disability-owned investment firm" means an investment firm certified by the department of administration under s. 16.289 (3).

AB68,605 Section 605. 25.185 (1) (br) of the statutes is created to read:

AB68,607,3 25.185 (1) (br) “Lesbian, gay, bisexual, or transgender-owned financial adviser" means a financial adviser certified by the department of administration under s. 16.288 (3).

AB68,606 Section 606. 25.185 (1) (bs) of the statutes is created to read:

AB68,607,7 25.185 (1) (bs) “Lesbian, gay, bisexual, or transgender-owned investment firm" means an investment firm certified by the department of administration under s. 16.288 (3).

AB68,607 Section 607. 25.185 (2) (c) of the statutes is created to read:

AB68,607,13 25.185 (2) (c) The board shall attempt to ensure that at least 1 percent of the total funds expended for financial and investment analysis and for common stock and convertible bond brokerage commissions in each fiscal year is expended for the services of lesbian, gay, bisexual, or transgender-owned financial advisers or lesbian, gay, bisexual, or transgender-owned investment firms.

AB68,608 Section 608. 25.185 (2) (d) of the statutes is created to read:

AB68,607,19 25.185 (2) (d) The board shall attempt to ensure that at least 1 percent of the total funds expended for financial and investment analysis and for common stock and convertible bond brokerage commissions in each fiscal year is expended for the services of disability-owned financial advisers or disability-owned investment firms.

AB68,609 Section 609. 25.185 (3) of the statutes is amended to read:

AB68,608,2 25.185 (3) The board shall annually report to the department of administration the total amount of moneys expended under sub. (2) for common stock and convertible bond brokerage commissions, the services of minority and, disabled veteran-owned, lesbian, gay, bisexual, or transgender-owned, and disability-owned financial advisers, and the services of minority and , disabled veteran-owned, lesbian, gay, bisexual, or transgender-owned, and disability-owned investment firms during the preceding fiscal year.

AB68,610 Section 610. 25.316 of the statutes is created to read:

AB68,608,7 25.316 Community reinvestment fund. There is established a separate nonlapsible trust fund, designated the community reinvestment fund consisting of 60 percent of all moneys received from the taxes imposed under s. 139.971, including interest and penalties.

AB68,611 Section 611. 25.425 of the statutes is amended to read:

AB68,608,13 25.425 Election administration fund. There is established a separate nonlapsible trust fund, designated the election administration fund, consisting of all moneys received from the federal government under P.L. 107-252, all moneys received from requesters from sales of copies of the official registration list, and all moneys transferred to the fund from other funds.

AB68,612 Section 612 . 25.43 (2s) (a) 2. of the statutes is amended to read: