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2014 SESSION
14102952DBe it enacted by the General Assembly of Virginia:
1. That §§ 51.5-72 and 51.5-75 of the Code of Virginia are amended and reenacted as follows:
§ 51.5-72. Establishment of schools and manufacturing and service industries; expenditures.
The Department may (i) establish, equip and maintain schools
for manufacturing and service industrial training for the employment of
suitable blind persons, (ii) pay its employees suitable wages and contribute
five percent of the creditable compensation of those employees who elect to
participate in a before-tax payroll deduction to a tax deferred retirement
savings plan established under the United States Internal Revenue Code for
nonprofit agencies, and (iii) devise means for the sale and distribution of the
products thereof. However, any expenditures made under §§ 51.5-63, 51.5-66, 51.5-68, and 51.5-72 through
51.5-76 shall not exceed the annual appropriation or the amount received by way
of bequest or donation during any one year, and no part of the funds
appropriated by the Commonwealth for the purposes of §§ 51.5-63, 51.5-66, 51.5-68, and 51.5-72 through
51.5-76 shall be used for solely charitable purposes.
§ 51.5-75. Use of earnings of schools and workshops; record of receipts and expenditures.
In furtherance of the purposes of §§ 51.5-63, 51.5-66, 51.5-68, and 51.5-72 through
51.5-76, the Department shall have authority to use any receipts or earnings
that accrue from the operation of industrial schools and workshops as provided
in such sections, but a detailed statement of receipts or earnings and
expenditures shall be carefully kept.
2. That §§ 51.5-68 and 51.5-69 of the Code of Virginia are repealed.