TITLE 41: FIRE PROTECTION
CHAPTER I: OFFICE OF THE STATE FIRE MARSHAL
PART 292 AMBULANCE REVOLVING LOAN PROGRAM
SECTION 292.20 PURPOSE AND QUALIFICATIONS
Section 292.20 Purpose and Qualifications
a) The OSFM and the Illinois Finance Authority shall jointly administer a program to provide zero-interest loans for the purchase of an ambulance or ambulances by a not-for-profit emergency medical service or a unit of local government (township fire department, fire protection district or municipal fire department) that provides emergency medical service to a geographic area.
b) The OSFM shall determine loan awards based on equipment needs, financial need, and how recently the applicant has received a previous loan under this program, supplemented by recommendations from the Authority based on creditworthiness. A loan for the purchase of an ambulance shall not exceed $100,000 in any single fiscal year to any recipient.
c) Applicants who are required by the Fire Investigation Act [425 ILCS 25/6] to report fires to the OSFM must have participated in the National Fire Incident Reporting System (NFIRS) for a minimum of two years immediately preceding the date of application for the loan in order to be considered for a loan.
d) Fire departments or emergency medical service providers that are for-profit entities are not eligible to apply for a loan under this program. Units of local government that do not operate emergency medical service units are similarly not eligible (e.g., a municipality that contracts for emergency medical services from another municipality or fire district).