Reimbursement of operators for purchase of life insurance policies.

1. The Bureau will make available not more than $1,000 annually for each operator of a vending facility to reimburse each operator for premiums that the operator paid for the purchase of a life insurance policy from an insurer licensed to do business in this State if: (a) A majority of the Nevada Committee of Vendors Who Are Blind approves the amount to be made available; and (b) The Legislature authorizes the expenditure of money for such a purpose. 2. The Bureau will make available the money described in subsection 1 from revenue which is: (a) Accrued from vending machines that are not located on federal property; and (b) Not otherwise assigned pursuant to the provisions of NAC 426.225 . 3. The Bureau, in consultation with the Nevada Committee of Vendors Who Are Blind, will establish policies and procedures relating to: (a) The eligibility of an operator to receive reimbursement for premiums that the operator paid for the purchase of a life insurance policy pursuant to this section; and (b) The process the Bureau and such an operator will follow for the reimbursement of premiums that the operator paid for the purchase of a life insurance policy pursuant to this section.