7 Colo. Code Regs. § 1105-1-9.407

Current through Register Vol. 47, No. 23, December 10, 2024

Section 7 CCR 1105-1-9.407 - UNASSIGNED VENDING MACHINE INCOME [Rev. eff. 7/1/08]

Unassigned vending machine income shall be accrued and disbursed in accordance with 20 U.S.C. § 107d-3. Colorado applies references to "federal" in the Code to State and other Business Enterprise Locations as well.

A. Unassigned vending machine income shall be disbursed to each Licensed Blind Operator in accordance with policy, which shall observe:

1. The disbursement of unassigned vending machine income to each individual Licensed Blind Operators shall be in an amount not to exceed the average net income of the total number of Blind Operators within Colorado or average net income of the total number of Blind Operators in the United States. Excess unassigned vending machine income, per this § shall be retained by the State Licensing Agency.

2. The State Licensing Agency shall disburse unassigned vending machine income to Blind Operator within the State on at least a quarterly basis.

3. Any unassigned vending machine income not necessary for such purposes shall be used by the State Licensing Agency in accordance with 34 CFR Part 395.9(b) and these Rules §9.405.

4. Any assessment charged to Blind Operators by a State Licensing Agency shall be reduced pro rata in an amount equal to the total of such remaining unassigned vending machine income.

5. Distributions are based on unassigned vending machine income, accounted for and managed collectively from every type of Business Enterprise Location and collectively from federal, State, and other property types.

B. Individual Blind Operators shall only receive disbursement after it has been determined by the State Licensing Agency that the Blind Operator is in good standing and free of bad Debt to the Business Enterprise Program.

C. All unassigned vending machine income disbursement

1. Shall be calculated so that the final total disbursed has been offset by any set-aside due on the gross commission income of each Blind Operator.

2. May be applied to existing Debt of a Blind Operator.

3. Shall be applied to existing bad Debt of any Blind Operator.

7 CCR 1105-1-9.407

40 CR 04, February 25, 2017, effective 3/17/2017

41 CR 05, March 10, 2018, effective 3/30/2018

42 CR 03, February 10, 2019, effective 3/2/2019

42 CR 17, September 10, 2019, effective 9/30/2019

43 CR 02, January 25, 2020, effective 3/1/2020

45 CR 21, November 10, 2022, effective 11/30/2022