---
kind: "section"
citation: "23 C.F.R. § 140.608"
title: "23"
number: "140.608"
heading: "Reimbursable bond interest costs of Interstate projects."
url: "https://uscodex.org/cfr/23/140.608"
---

# §140.608. Reimbursable bond interest costs of Interstate 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)](/cfr/23/140.602.md?p=b) and [(c)](/cfr/23/140.602.md?p=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.

## Notes

### Source

Source: 48 FR 54971, Dec. 8, 1983, unless otherwise noted.

### Authority

Authority: 23 U.S.C. 101(e), 106, 109(e), 114(a), 120(g), 121, 122, 130, and 315; and 49 CFR 1.48(b).