(a)
- (1) Vending machine income from vending machines on federal property that has been disbursed to the Division of State Services for the Blind by a property managing department, agency, or instrumentality of the United States shall accrue to each vendor operating a vending facility on the federal property in an amount not to exceed the average net income of the total number of vendors in the state as determined each fiscal year on the basis of each prior year's operation.
- (2) However, vending machine income shall not accrue to any vendor in any amount exceeding the average net income of the total number of vendors in the United States.
- (3) No vendor shall receive less vending machine income than he or she was receiving during the calendar year prior to January 1, 1974, as a direct result of any limitation imposed on income under this ceiling.
- (b) No limitation shall be imposed on income from vending machines combined to create a vending facility when the facility is maintained, serviced, or operated by a vendor.
- (c) The division will disburse vending machine income to vendors on at least a quarterly basis.
(d)
- (1) The division will retain vending machine income disbursed by a property managing department, agency, or instrumentality of the United States in excess of the amounts eligible to accrue to vendors.
(2) Vending machine income retained by the division will be used for:
- (A) The establishment and maintenance of retirement or pension plans;
- (B) Health insurance contributions; and
- (C) The provision of paid sick and vacation time for vendors.
(3) If it is so determined by a majority vote of the licensed vendors after each vendor has been furnished information on all matters relevant to such purposes, any vending machines income not necessary for such purposes shall be used by the division for one (1) 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) Any assessment charged to vendors shall be reduced pro rata in an amount equal to the total of such remaining vending machine income.