[Code of Federal Regulations]

[Title 45, Volume 1]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 45CFR95.703]



[Page 498]

 

                        TITLE 45--PUBLIC WELFARE

 

                    SUBTITLE A--DEPARTMENT OF HEALTH

                           AND HUMAN SERVICES

 

PART 95_GENERAL ADMINISTRATION_GRANT PROGRAMS (PUBLIC ASSISTANCE, MEDICAL 

ASSISTANCE AND STATE CHILDREN'S HEALTH INSURANCE PROGRAMS)--Table of 

Contents

 

      Subpart G_Equipment Acquired Under Public Assistance Programs

 

Sec.  95.703  Definitions.



    As used in this subpart:

    Acquisition cost of an item of purchased equipment means the net 

invoice price of the equipment, including the cost of modifications, 

attachments, accessories, or auxiliary apparatus necessary to make the 

equipment usable for the purpose for which it was acquired. Other 

charges such as the cost of installation, transportation, taxes, duty or 

protective intransit insurance shall be included in or excluded from the 

unit acquisition cost in accordance with the regular accounting 

practices of the organization purchasing the equipment. If the item is 

acquired by trading in another item and paying an additional amount, 

acquisition cost means the amount received for trade-in plus the 

additional outlay.

    Equipment means an article of tangible personal property that has a 

useful life of more than two years and an acquisition cost of $500 or 

more. Any recipient may use its own definition of equipment, if its 

definition would at least include all items of equipment as defined 

here.

    Public Assistance Programs means programs authorized by titles I, 

IV-A, IV-B, IV-C, IV-D, IV-E, X, XIV, XVI (AABD), XIX and XXI of the 

Social Security Act, and programs authorized by the Immigration and 

Nationality Act as amended by the Refugee Act of 1980 (Pub. L. 96-212).

    State means the 50 States, the District of Columbia, the 

Commonwealth of Puerto Rico, the Virgin Islands, the Northern Mariana 

Islands and Guam.

    State Agency means the State agency administering a public 

assistance program(s). This term includes local government public 

assistance agencies which administer public assistance programs under a 

State supervised system and the State agencies which supervise the local 

agencies.



[47 FR 41576, Sept. 21, 1982, as amended at 65 FR 33633, May 24, 2000]