23 CFR §140.608
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (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.