Section 1100.910  Eligible Expenditures

a)         Subject to the availability of funds, loans are available to be made under the Program for zero-interest loans and low-interest loans to applicants for the purchase of ambulances as deemed eligible under OSFM's administrative rules at 41 Ill. Adm. Code 292.20 and 292.30.

b)         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.

(Source:  Amended at 39 Ill. Reg. 4924, effective March 19, 2015)