Ala. Admin. Code r. 795-7-7-.02

Current through Register Vol. 43, No. 1, October 31, 2024
Section 795-7-7-.02 - Purpose Of Funds

The primary purpose of set-aside funds is to provide for ongoing BEP administration, technical services, program development, and certain items that impact the well being of each vendor participating in the program.

(a) The following are authorized uses of set-aside funds:
1. Maintenance and replacement of equipment;
2. Purchase of new equipment;
3. Management services; and
4. Assuring a fair minimum return to vendors.
(b) Set-aside funds may be utilized for the establishment and maintenance of a retirement program, health insurance contributions, and provisions for paid sick leave. The SLA shall provide information on all matters related to proposed set-aside purposes to the elected committee, vendors, and temporary operators. The use of set-aside funds for the purposes of this paragraph shall be determined by a majority vote of licensed vendors and licensed temporary operators managing a BEP facility at the time of the vote. The use of set-aside funds for these items shall be contingent upon the availability of funds and SLA approval.
(c) The SLA shall make provisions for a vacation payment annually on July 15 of each year. Vacation payments shall be made to licensed vendors and licensed temporary operators meeting the eligibility criteria for vacation pay. Vacation pay will be equal to the current federal minimum wage for one 40-hour week.
(d) Eligibility for vacation pay includes all licensed vendors and licensed temporary operators with 12 months of continuous operation of a BEP facility prior to July 1 of each year. Licensed vendors and licensed temporary operators shall be current with their set-aside, escrow payments and liability insurance and be in compliance with all other requirements of BEP. Any vendor in arrears to the set-aside, escrow fund or liability insurance on July 1 of each year shall not be eligible to receive vacation pay for that year.

Ala. Admin. Code r. 795-7-7-.02

New Rule: Filed January 19, 2000; effective February 23, 2000.
Amended by Alabama Administrative Monthly Volume XXXV, Issue No. 06, March 31, 2017, eff. 4/20/2017.

Authors: Alabama Board of Rehabilitation Services, Alabama Elected Committee of Blind Vendors

Statutory Authority:Code of Ala. 1975, §§ 21-1-40, 21-9-9; 20 U.S. C. 107 et. seq.