South Carolina Code of Regulations
Chapter 18 - SOUTH CAROLINA COMMISSION FOR THE BLIND
Title 1 - BUSINESS ENTERPRISE PROGRAM
Section 18-16 - Distribution and Use of Income from Vending Machines on Federal Property

Universal Citation: SC Code Regs 18-16

Current through Register Vol. 48, No. 3, March 22, 2024

A. Vending machine income from vending machines on federal property which has been disbursed to the Agency by a property managing department, agency or instrumentality of the United States under the vending machine income sharing provisions in Section 395.32 of the federal regulations will accrue to each Blind Licensed Vendor operating a vending facility on such federal property in an amount not to exceed the average net income of the total number of Blind Licensed Vendors within the State, as determined each fiscal year on the basis of each prior year's operation, except that the vending machine income will not accrue to any Blind Licensed Vendor in any amount exceeding the average net income of the total number of Blind Licensed Vendors in the United States.

B. No Blind Licensed Vendor will 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 such income under this ceiling.

C. No limitation will be imposed on income from vending machines combined to create a vending facility, when such facility is maintained, serviced, or operated by a Blind Licensed Vendor.

D. The Agency 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 Blind Licensed Vendors.

E. The Agency will disburse vending machine income to the Blind Licensed Vendors on a quarterly basis.

F. Vending machine income retained by the Agency will be used for the establishment and maintenance of retirement or pension plans, health insurance contributions, and the provision of paid sick leave and vacation time for Blind Licensed Vendors, if it is so determined by a majority vote of the Blind Licensed Vendors, after each Blind Licensed Vendor has been furnished information on all matters relevant to such purposes. Any vending machine income not necessary for such purposes will be used for one or more of the following: maintenance and replacement of equipment, purchase of new equipment, management services, and assuring a fair minimum return to Blind Licensed Vendors.

G. The money held in the Operator's Benefit Account will be kept as a reserve fund. When the South Carolina Commission for the Blind does not have any money from which to draw, it will be used for maintenance and repair of facilities or purchase needed equipment for facility.

Disclaimer: These regulations may not be the most recent version. South Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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