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Inventories for Newly Inactive TV's or TV's that have recently changed category
Q: The question is asked frequently as to whether facilities which have recently (CY of EI) been TV and became inactive, or were changed to a lower fee category, should be inventoried on the Annual Inventory.
A: Yes (for one year). If a facility was TV any time within the year and changed to a lower category or went inactive during the year of the inventory, they are still required to provide us with a "close-out" invnetory. This is needed for various modeling, compliance and federal reporting purposes. The final inventory has been viewed as a legal "liability" in cases where a facility is settling a sale, a bankruptcy, etc. and has been successfully pursued by the AG's office. However, peculiar things can happen in remote circumstances which may cause rare exceptions to this making sense. Just be wary and discuss with your regional Supervisor should there be a question.
After one non-TV report, the facility falls into the normal inventory cycle beginning with the next year of "non-TV" inventories.
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