729.9 Set-aside of funds levy.
(a) The commission may establish and assess a levy which accrues to the
commission on the net proceeds of the operation of each vending facility in the Business
Enterprise Program and any income from vending machines on the property. Funds obtained by
levy must be set aside only to the extent necessary and may be used only for:
(1) maintenance and replacement of equipment;
(2) purchase of new equipment;
(3) management services as such term is defined
in section 729.2(h) of this Part;
(4) assuring a fair minimum return to operators
of vending facilities if the commission chooses to implement such policy; or
(5) retirement or pension funds, health
insurance contributions, and provision for paid sick and vacation time, if it is
determined by a majority vote of blind licensees after the commission provides to each
such licensee full information on all matters relevant to such proposed program, that
funds set aside under this Part will be used for such purposes.
(b) In no event may the amount of such funds to be set aside from the
net proceeds of any vending facility exceed an amount which will be determined by the
commissioner in consultation with the State, Committee of Blind Vendors.
(c) All changes in the method of determining funds to be set aside must
be developed by the commissioner with the active participation of the State Committee of
Blind Vendors. So far as is practicable, no greater charges than are reasonably required
will be assessed.
(d) The commission will maintain adequate records to support the
reasonableness of charges to be set aside for the purposes listed in this section
including any reserves necessary so that such purposes can be achieved on a consistent
basis.