GroundRules
23 CFR 140.608: Reimbursable bond interest costs of Interstate projects.
Where this section sits in the code
- Title 23—Highways
- CHAPTER I—FEDERAL HIGHWAY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION
- SUBCHAPTER B—PAYMENT PROCEDURES
- PART 140—REIMBURSEMENT
- Subpart F—Reimbursement for Bond Issue Projects
(a) Bond interest earned on bonds actually retired may be reimbursed on the Federal pro rata basis applicable to such projects in accordance with § 140.602(b) and (c).
(b) No interest will be reimbursed for bonds issued after November 6, 1978, used to retire or otherwise refinance bonds issued prior to that date.
Collected 2026-08-27T02:24:50Z. Source file · JSON