Cal. Code Regs. tit. 17 § 56905

Current through Register 2025 Notice Reg. No. 1, January 3, 2025

Section 56905 - Depreciation

(a) In conducting a cost study pursuant to Section 56903, the Department shall utilize depreciation costs of all assets which are:

(1) Directly related to the facility's operations as a facility; and

(2) Recognized as an allowable business expense in accordance with federal and state income tax guidelines and actually reported as such on the residential service provider's state and federal tax returns for the date year of the cost study. In the event of inconsistencies between state and federal income tax depreciation guidelines, the California State Franchise Tax Board requirements shall prevail for the purpose of data collection for the cost study.

Cal. Code Regs. Tit. 17, § 56905

1. New section filed 1-14-91; operative 2-13-91 (Register 91, No. 14).
2. Amendment of section filed 9-20-93 as an emergency; operative 9-20-93. Submitted to OAL for printing only pursuant to Chapter 722, Statutes of 1992, Section 147 (Register 93, No. 39). These regulations shall not be repealed by the Office of Administrative Law and shall remain in effect until revised or repealed, as appropriate.
3. Editorial correction of HISTORY 2 (Register 94, No. 47).
4. Editorial correction of subsection (a) (Register 94, No. 50).

Note: Authority cited: Sections 4681.1 and 4791(i), Welfare and Institutions Code; Chapter 722, Statutes of 1992, Section 147. Reference: Sections 4681.1 and 4791(i), Welfare and Institutions Code.

1. New section filed 1-14-91; operative 2-13-91 (Register 91, No. 14).
2. Amendment of section filed 9-20-93 as an emergency; operative 9-20-93. Submitted to OAL for printing only pursuant to Chapter 722, Statutes of 1992, Section 147 (Register 93, No. 39). These regulations shall not be repealed by the Office of Administrative Law and shall remain in effect until revised or repealed, as appropriate.
3. Editorial correction of History 2 (Register 94, No. 47).
4. Editorial correction of subsection (a) (Register 94, No. 50).