Illinois Administrative Code
Title 71 - PUBLIC BUILDINGS, FACILITIES AND REAL PROPERTY
Part 41 - GRANT AGREEMENT PROCEDURES
Section 41.90 - Interest
Universal Citation: 71 IL Admin Code ยง 41.90
Current through Register Vol. 48, No. 12, March 22, 2024
Interest earned on grant funds held by the grantee shall not change the amount of the grant and shall not be a set-off on future payments of the grant funds. Unless otherwise stated in the grant agreement, interest may be used by the grantee for the project or any other capital improvement.
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