§7-75. Payments into set-aside fund - Reimbursement for initial
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/ok/title-7-blind-persons/7-75A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
stock of merchandise.
A. Every vending facility operator shall be required to pay monthly into the set-aside fund as provided for in the Randolph- Sheppard Act (20 U.S.C., Section 107.b(3)). The Department is hereby authorized to fix the amount to be paid by such operator, which amount shall be based upon the performance of the facility and the ability of the operator to pay. The amount shall be on a sliding scale of zero percent (0%) to not more than twelve percent (12%) of the net proceeds of the vending facility during any one
(1)month, and shall be paid to the Department.
B. Any operator who is furnished an initial stock of merchandise by the Department shall be required to reimburse the Department for all amounts so expended. Such reimbursement shall be payable in monthly installments of not less than two percent (2%) nor more than five percent (5%) of the gross sales of the vending facility during any one
(1)month, until all amounts expended by the Department for such purpose are repaid in full. Added by Laws 1937, p. 56, § 6. Amended by Laws 1937, p. 56, § 1; Laws 1978, c. 127, § 5, emerg. eff. March 31, 1978; Laws 1997, c. 89, § 6, emerg. eff. April 11, 1997; Laws 1998, c. 107, § 3, eff. July 1, 1998.