Wisconsin Administrative Code
Department of Agriculture, Trade and Consumer Protection
ATCP 140 - Marketing
Chapter ATCP 161 - Something Special From Wisconsin
Section ATCP 161.63 - Grant and loan terms and conditions
Universal Citation: WI Admin Code ยง ATCP 161.63
Current through August 26, 2024
(1) USE OF GRANT FUNDS. Permitted uses of grant funds for expenses that are a reasonable and necessary part of the grant project include any of the following:
(a) Operating expenses, including expenses
for salaries and wages, contract and consulting services, travel, supplies, and
public information.
(b) Equipment
rental.
(2) PROHIBITED USES OF GRANT FUNDS. Grant funds may not be used for any of the following:
(a) Capital acquisition.
(b) Administrative or overhead expenses not
directly related to the grant project.
(c) Repayment of loans or
mortgages.
(3) USE OF LOAN FUNDS. Permitted uses of loan funds for expenses that are a reasonable and necessary part of the loan project include any of the following:
(a) Operating expenses, including expenses
for salaries and wages, contract and consulting services, travel, supplies, and
public information.
(b) Equipment
purchase or lease.
(c) Land and
building acquisitions.
(4) PROHIBITED USES OF LOAN FUNDS. Loan funds may not be used for repayment of loans or mortgages.
The amended version of this section by Register June 2023 No. 810, eff. 7/1/2023 is not yet available.
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