TITLE 74: PUBLIC FINANCE
CHAPTER VIII: DEPARTMENT OF CENTRAL MANAGEMENT SERVICES
PART 900 JOINT RULES OF THE COMPTROLLER AND THE DEPARTMENT OF CENTRAL MANAGEMENT SERVICES: PROMPT PAYMENT
SECTION 900.110 NO INTEREST ON INTEREST


 

Section 900.110  No Interest on Interest

 

A request for payment of interest under this Act is not considered a bill and, therefore, not subject to the provisions of the Act; interest is not paid on an interest payment.

 

(Source:  Amended at 26 Ill. Reg. 14666, effective September 19, 2002)