Arizona Revised Statutes § 41-1975 Industries For The Blind Fund; Disbursements; Subsidies; Investment

41-1975. Industries for the blind fund; disbursements; subsidies; investment

A. Proceeds from sales of products of Arizona industries for the blind shall be paid into a nonreverting revolving fund. The fund shall be known as the industries for the blind fund.

B. Expenditures for wages and salaries of and employer contributions under title 38, chapter 5, articles 2 and 2.1 for production workers, inspectors and other employees necessary for the operation of the training centers, workshops or home industries, and for supplies, materials, equipment, equipment repair, overhead costs and other costs incidental to the conduct of the program, may be made from the industries for the blind fund.

C. The department of economic security, in addition to the monies paid into the industries for the blind fund as provided in subsection A of this section, may provide subsidy monies necessary to meet the costs set forth in subsection B of this section from other monies available to the department for rehabilitative purposes.

D. On notice from the Arizona industries for the blind, the state treasurer shall invest and divest monies in the industries for the blind fund as provided by section 35-313, and monies earned from investment shall be credited to the fund.

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Last modified: October 13, 2016