Ala. Admin. Code r. 795-7-8-.02

Current through Register Vol. 42, No. 10, July 31, 2024

Section 795-7-8-.02 - Use Of Excess Income

(1) Revenues in excess of the amounts remitted to assigned vendors and retained by the SLA shall be used for the following purposes.

(a) establishment and maintenance of a retirement plan,

(b) health insurance contributions,

(c) paid sick leave, or

(d) vacation pay.

(2) The use of vending machine income for the above purposes shall be determined by a majority vote of vendors and temporary operators. The SLA shall provide to each vendor information on all matters relevant to such proposed purposes, notwithstanding final approval of the SLA.

(3) If the income is not used for purposes as stated in (1) above, it shall be used for one or more of the following:

(a) maintenance and replacement of equipment;

(b) purchase of new equipment;

(c) management services; or

(d) assuring a fair minimum return to vendors.

(4) When vending machine income is used for the purposes of (3) above, future set-aside assessments shall be reduced. Such reduction shall be equal to the amount of vending machine income used for such purposes.

Authors: Alabama Board of Rehabilitation Services, Alabama Elected Committee of Blind Vendors

Ala. Admin. Code r. 795-7-8-.02

New Rule: Filed January 19, 2000; effective February 23, 2000.

Statutory Authority:Code of Ala. 1975, §§ 21-1-40; 21-9-9; 20 U.S.C. 107 et. seq.