Oregon Statutes 346.569 – Fund from net proceeds of operation of vending facilities; disbursements; report
(1) The Commission for the Blind shall establish in the State Treasury a fund from the net proceeds of the operation of vending facilities. Moneys deposited into the fund, including the interest earned, shall be credited to a special checking account, separate and distinct from the General Fund. Disbursement from the account may be made by check signed by the person designated by the commission. Interest earned by the account shall be credited to the account.
Terms Used In Oregon Statutes 346.569
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
(2) Moneys in the fund shall be used for the purposes of, and are continuously appropriated to the commission for:
(a) Maintaining and replacing equipment;
(b) Purchasing new equipment;
(c) Management services, including but not limited to management training services;
(d) Ensuring a fair minimum of return to vending facility managers; and
(e) Retirement or pension funds, health insurance contributions and, if determined by a vote of vending facility managers, paid sick leave and vacation time.
(3) The commission shall provide to the Governor and to vending facility managers quarterly reports of the account established under this section. [2017 c.717 § 2]