Washington Administrative Code (Last Updated: November 23, 2016) |
Title 388. Social and Health Services, Department of |
Chapter 388-835. ICF/ID program and reimbursement system. |
Section 388-835-0475. What requirements apply to capitalizing buildings, other real property items, components, improvements and leasehold improvements?
Latest version.
- Buildings and other real property items, components, improvements and leasehold improvements must be capitalized if they are:(1) Required or authorized by the lease agreement;(2) Cost more than five hundred dollars; and(3) Involve at least one of the following:(a) Increase the interior floor space of the structure;(b) Increase or renew paved areas outside the structure that are either adjacent to the structure or provide access to it;(c) Modification to the exterior or interior walls of the structure;(d) Installation of additional heating, cooling, electrical, water-related, or similar fixed equipment;(e) Landscaping or redecorating; or(f) Increasing the structure's useful life by at least two years.[Statutory Authority: RCW 71A.20.140. WSR 01-10-013, § 388-835-0475, filed 4/20/01, effective 5/21/01.]
RCW 71A.20.140. WSR 01-10-013, § 388-835-0475, filed 4/20/01, effective 5/21/01.