Illinois Administrative Code
Title 41 - FIRE PROTECTION
Part 292 - AMBULANCE REVOLVING LOAN PROGRAM
Section 292.30 - Eligible Expenditures
Universal Citation: 41 IL Admin Code ยง 292.30
Current through Register Vol. 48, No. 12, March 22, 2024
The Program provides zero-interest loans or low-interest loans to applicants to finance or reimburse the purchase of ambulances up to a maximum of $200,000 per recipient per fiscal year [ 20 ILCS 3501/825-85 ]. Loan proceeds may be used to pay off a loan that was obtained no more than one year prior to the receipt of a loan under this Program if the loan being paid off was obtained to purchase the ambulance that is the subject of the application that was approved under this Program.
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