Vending machine income from vending machines located on federal
property which has been disbursed to the department by a property management
department, agency, or instrumentality under the vending machine income sharing
provisions of
34
CFR 395.8 shall accrue to each vendor
operating a vending facility on 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, except that
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.
(1) No vendor shall receive
less vending machine income than that received during the calendar year prior
to January 1, 1974, as a direct result of any limitation imposed on such income
under this ceiling.
(2) No
limitation shall be imposed on income from vending machines, combined to create
a vending facility, when such a facility is maintained, serviced and operated
by a vendor
(3) The department
shall retain vending machine income disbursed by a property managing
department, agency or instrumentality of the United States in excess of the
amounts eligible on a quarterly basis.
(4) The department will disburse vending
machine income to vendors on a quarterly basis.
(5) Vending machine income retained by the
department may be used for the establishment and maintenance of retirement or
pension plans, for health insurance contributions, for provisions of paid sick
leave and vacation time for vendors, or for the maintenance and replacement of
equipment. Use of this income shall be approved by a majority vote at an annual
statewide vendor meeting.
