23 CFR § 140.608 - Reimbursable bond interest costs of Interstate projects.

---
identifier: "/us/cfr/t23/s140.608"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "23 CFR § 140.608 - Reimbursable bond interest costs of Interstate projects."
title_number: 23
title_name: "Highways"
section_number: "140.608"
section_name: "Reimbursable bond interest costs of Interstate projects."
chapter_name: "FEDERAL HIGHWAY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "B"
subchapter_name: "PAYMENT PROCEDURES"
part_number: "140"
part_name: "REIMBURSEMENT"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
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)."
cfr_part: "140"
---


# 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) 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.