Action | Amend Regulations related to Miscellaneous Capital Expenditures Pursuant to HB2546 of 2007 |
Stage | Fast-Track |
Comment Period | Ended on 1/15/2014 |
The Virginia Hospital & Healthcare Association has shared with numerous planning and legal experts these fast-track regulations proposing the use of the Consumer Price Index for All Urban Consumers (CPI-U) to update the annual capital expenditure threshold. We appreciate this opportunity to submit these comments noting the consensus among these experts on the proposal. Generally, we support the use of the CPI-U to calculate the capital expenditure threshold. However, we suggest that the regulations should be clarified in two respects: