67:16:04:44Allowable costs of related-party transactions.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Rulemaking activity
The allowable costs associated with a related-party transaction are equal to the actual cost to the related organization or the fair market value, whichever is lower.
Source: 16 SDR 26, effective August 13, 1989; transferred from § 67:16:04:08.05, 21 SDR 8, effective July 25, 1994; 29 SDR 177, effective July 1, 2003; 29 SDR 177, adopted July 1, 2003, effective July 1, 2004.
General Authority
- SDCL 28-6-1 ↗Amended by HB1239 (2020) — require the costs of nursing homes to be rebased every five years for purposes oAmended by HB1229 (2019) — require optional services through Medicaid to be authorized through special apprAmended by SB30 (2019) — remove certain unnecessary federal references and dates from certain provisions
Law Implemented
- SDCL 28-6-1 ↗Amended by HB1239 (2020) — require the costs of nursing homes to be rebased every five years for purposes oAmended by HB1229 (2019) — require optional services through Medicaid to be authorized through special apprAmended by SB30 (2019) — remove certain unnecessary federal references and dates from certain provisions