N.H. Admin. Code § Ed 1019.12

Current through Register No. 40, October 3, 2024
Section Ed 1019.12 - Distribution and Use of Income from Vending Machines on Federal Property
(a) Vending machine income from vending machines on federal property which has been disbursed to SBVI by a property managing department, agency, or instrumentality of the United States under 34 CFR 395.32 shall:
(1) Accrue to each manager operating a vending facility on such federal property in New Hampshire in an amount not to exceed the average net income of the total number of manager within the state, as determined each fiscal year on the basis of each prior year's operation; and
(2) Not accrue to any manager in any amount exceeding the average net income of the total number of managers in the United States.
(b) No manager shall receive less vending machine income than a manager was receiving during the calendar year prior to January 1, 1974, as a direct result of any limitation imposed on such income under Ed 1019.12 as provided in 34 CFR 395.8(a).
(c) 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 manager.
(d) Vending machine income disbursed by a property managing department, agency, or instrumentality of the United States to SBVI in excess of the amounts eligible to accrue to managers in accordance with Ed 1019.12 shall be retained by SBVI.
(e) SBVI shall disburse vending machine income to managers within the state on at least a quarterly basis.
(f) Vending machine income which is retained by SBVI under Ed 1019.12 shall be used for:
(1) The establishment and maintenance of retirement or pension plans;
(2) Health insurance contributions; and
(3) The provision of paid sick leave and vacation time for managers, if it is so determined by a majority vote of managers licensed by SBVI, after SBVI has provided to each manager information on all matters relevant to such purposes.
(g) Any vending machine income not necessary for the purposes in Ed 1019.12(f) shall be used by SBVI for maintenance and replacement of equipment, purchase of new equipment, management services, and assuring a fair minimum return to managers. Any amounts used for these purposes shall require a reduction set aside in an equal amount on a pro rata basis.
(h) If SBVI determines that a vending location is not suitable for a blind manager, SBVI shall arrange vending services through a third party. Income that accrues to SBVI as a result shall be used to:
(1) Purchase new equipment;
(2) Replace equipment as needed;
(3) Purchase merchandise inventory;
(4) Provide training for managers; or
(5) Establish retirement, health insurance, vacation, or sick pay plans.

N.H. Admin. Code § Ed 1019.12

Derived from Volume XLI Number 32, Filed August 12, 2021, Proposed by #13231, Effective 7/13/2021, Expires 7/13/2031