Illinois Administrative Code
Title 14 - COMMERCE
Part 510 - ILLINOIS PROMOTION ACT PROGRAMS
Subpart B - TOURISM MARKETING PARTNERSHIP PROGRAM
Section 510.150 - Matching Funds

Universal Citation: 14 IL Admin Code ยง 510.150

Current through Register Vol. 48, No. 38, September 20, 2024

As provided for in Section 510.140, the Grantee shall provide Matching Funds to the Total Project Cost that:

a) Are identified in the budget of the Grant Agreement;

b) In no case shall be less than 50 percent of the Total Project Cost;

c) Are not funds from other Department funded grant programs or funds used to match any other grants; and

d) Are necessary and irrevocably obligated to the Project.

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