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 Nevada Administrative Code (Last Updated: January 6, 2015)
 Chapter426 Persons With Disabilities
  ESTABLISHMENT AND OPERATION OF VENDING FACILITIES ON PUBLIC PROPERTY
  Financial Operation; Records and Reports

  NAC426.230. Money to be set aside from net proceeds; waiver or reduction of required amount.  

Latest version.

  •      1. To provide the money that is necessary for the administration of the program for vending facilities, each operator or trainee shall set aside money, to be deposited by the Bureau in the Business Enterprise Account for Persons Who Are Blind, from the monthly net proceeds of his or her business in accordance with the following table:

        Net Proceeds of Business                Amount to Be Set Aside

    $0

    to

         $999........................ 1 percent of net proceeds

    1,000

    to

        1,499................... $15 plus 2 percent of net proceeds over $999

    1,500

    to

        2,099................... $25 plus 5 percent of net proceeds over $1,499

    2,100

    to

        2,799................... $55 plus 10 percent of net proceeds over $2,099

    2,800

    to

        3,399................... $125 plus 15 percent of net proceeds over $2,799

    3,400

    to

        4,499................... $215 plus 20 percent of net proceeds over $3,399

    4,500

    to

        5,699................... $435 plus 25 percent of net proceeds over $4,499

    5,700

    to

        6,899................... $735 plus 30 percent of net proceeds over $5,699

    6,900

    to

        8,999................... $1,095 plus 35 percent of net proceeds over $6,899

    9,000

    to

      13,999................... $2,000 plus 40 percent of net proceeds over $8,999

    14,000

    to

      19,999................... $4,000 plus 45 percent of net proceeds over $13,999

    Over

    $20,000................... $7,000 plus 50 percent of net proceeds over $20,000

         2. The Administrator or his or her designee, after consultation with the Nevada Committee of Vendors Who Are Blind, shall periodically review the table in subsection 1.

         3. Except as otherwise provided in subsection 4, if the monthly net proceeds of the business of an operator or trainee are less than zero, the amount by which expenses exceed income may be carried forward for not more than 2 months and deducted from the net proceeds for those months to determine the amount of money required to be set aside pursuant to subsection 1 for those months. The operator or trainee may carry forward that amount for more than 2 months if the operator or trainee obtains prior written approval from the Bureau.

         4. The Administrator or his or her designee, after consultation with the Nevada Committee of Vendors Who Are Blind, may waive or reduce the amount of money required to be set aside pursuant to subsection 1 for a time prescribed by the Administrator or the designee. If the Administrator or the designee, after consultation with the Nevada Committee of Vendors Who Are Blind, decides to waive or reduce this amount of money, the Administrator or the designee shall notify each operator or trainee for whom the amount is being waived or reduced on or before the last day of the month for which the amount is waived or reduced.

     [Bur. of Services to the Blind, § 32, eff. 10-14-82]—(NAC A by Bur. of Services to the Blind & Vis. Impaired, 8-28-97; R091-00, 9-25-2000; R228-05, 5-4-2006; A by Bur. of Services to Persons Who Are Blind or Vis. Impaired by R175-09, 6-30-2010)