TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY PART 700 LOCAL CORONAVIRUS URGENT REMEDIATION EMERGENCY (OR LOCAL CURE) SUPPORT PROGRAM SECTION 700.50 RESTRICTIONS ON THE USE OF PROGRAM FUNDS
Section 700.50 Restrictions on the Use of Program Funds
a) The Local CURE Program expenditures must follow the requirements of the CARES Act. Accordingly, payments to local governments under the Local CURE Program may only be used to cover costs that:
1) Are necessary expenditures incurred due to the public health emergency with respect to COVID-19;
2) Were not accounted for in the budget most recently approved as of March 27, 2020 (the date of enactment of the CARES Act) for the local government; and
3) Were incurred during the allowed time period set forth in the Local CURE Program statute [20 ILCS 605/605-1047] and posted on the Department's website.
b) The uses of program funds set forth in subsection (a) will be modified by the Department, in accordance with the IAPA, if:
1) the CARES Act, or the U.S. Department of the Treasury guidance, or other applicable federal law authorizes different categories of eligible uses that affect the administration of the Local CURE Program;
2) eligible uses are consistent with the applicable State laws; and
3) Local CURE Program funds remain unspent at the time of the changes in the eligible uses of funds.
(Source: Amended at 45 Ill. Reg. 9417, effective July 9, 2021) |