- a) A permit holder shall financially commit projects for construction, establishment or modification by expending or committing to expend at least 33% of the total project cost no later than:
- 1) 24 months for major construction projects; or
2) 12 months for all projects that do not include major construction; or
- 3) The HFSRB completion date of the permit, if it occurs before the deadlines in subsections (a)(1) and (a)(2).
- b) Projects that have no cost shall be considered financially committed upon HFSRB issuance of a permit.
- c) Permits for projects that have a cost and that have not been financially committed as stated in this Section shall be considered expired and the project abandoned. A permit holder who fails to meet the financial commitment requirements shall be subject to fines under the Act and Section 1130.790.
(Source: Amended at 40 Ill. Reg. 14647, effective October 14, 2016)