Ill. Admin. Code tit. 89, § 140.573 - Other Capital Provisions
a) If at
the time of field audit, the auditors find that the records to support capital
costs are not adequate to issue an unqualified opinion, that facility's capital
reimbursement will not be allowed to exceed the rate calculated from use of the
uniform building value. The 120% blending factor in Section
140.571(a)(3)
will not be allowed.
b) For any change of ownership after July 18,
1984, the cost basis of any asset shall be the lesser of the allowable
acquisition cost of such asset of the first owner of record on or after July
18, 1984, or the acquisition cost of such asset to the new owner.
Notes
Amended at 16 Ill. Reg. 19146, effective December 1, 1992
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