Illinois Administrative Code
Title 77 - PUBLIC HEALTH
Part 1130 - HEALTH FACILITIES AND SERVICES REVIEW OPERATIONAL RULES
Subpart G - PERMIT VALIDITY, REPORTING REQUIREMENTS AND REVOCATION
Section 1130.720 - Financial Commitment
Universal Citation: 77 IL Admin Code ยง 1130.720
Current through Register Vol. 48, No. 12, March 22, 2024
a) A permit holder shall financially commit projects for construction, establishment or modification by expending or committing to expend at least 33% of the total project cost no later than:
1) 24 months for
major construction projects; or
2)
12 months for all projects that do not include major construction; or
3) The HFSRB completion date of the permit,
if it occurs before the deadlines in subsections (a)(1) and (a)(2).
b) Projects that have no cost shall be considered financially committed upon HFSRB issuance of a permit.
c) Permits for projects that have a cost and that have not been financially committed as stated in this Section shall be considered expired and the project abandoned. A permit holder who fails to meet the financial commitment requirements shall be subject to fines under the Act and Section 1130.790.
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