Section 15-122.1 - Certain providers excluded from repaying depreciation allowance.
§ 15-122.1. Certain providers excluded from repaying depreciation allowance.
(a) "Participating provider" defined.- In this section, "participating provider" means any facility that participates in the Program and is:
(1) A skilled nursing facility;
(2) A comprehensive care facility; or
(3) An intermediate care facility.
(b) Exclusion from repayment of depreciation allowance.- A participating provider shall not be required to repay the State for any depreciation for which the provider has been reimbursed as an allowable expense and which could otherwise be recaptured by the State upon a sale, scrapping, trade-in, donation, exchange, demolition, or abandonment of a facility, or involuntary conversion of a facility such as condemnation, fire, theft, or other casualty.
(c) Conflict with federal provisions.- This section has no effect if its operation would cause this State to lose any federal funds.
[1982, ch. 781.]