(c) Funds forfeited.

1. (1) If, within a three-year period beginning on the date that the Division of Environmental Quality awards a grant, the grantee does not meet the conditions of the grant prescribed under this part, the division may order the grantee to reimburse the grant award plus interest moneys earned from the holding of grant funds by grant recipient.

2. (2) If the grantee fails to meet the conditions:

   1. (A) In the first year after the grant award, the grantee may be required to reimburse one hundred percent (100%) of the grant;
   2. (B) In the second year of the grant award, the grantee may be required to reimburse sixty-six percent (66%) of the grant; and
   3. (C) In the third year after the grant award, the grantee may be required to reimburse thirty-three percent (33%) of the grant.
3. (3) Reimbursed moneys will become a part of the total funds available for all regional solid waste management districts in the next Solid Waste Management and Recycling Fund distribution.

(d) Earned interest on grant awards.

1. (1) Interest moneys earned from the holding of grant funds by grant recipients or regional solid waste management districts shall be used exclusively for recycling programs consistent with the regional solid waste management district’s solid waste management plan.
2. (2) It shall be the responsibility of grantees to monitor the collection of earned interest and direct interest moneys to the project supported by the grant award or to other recycling programs consistent with the applicable regional solid waste management district’s solid waste management plan.