Ill. Admin. Code tit. 11 § 452.20
Current through Register Vol. 48, No. 49, December 6, 2024
"Racetrack Improvements" - erection, improving or acquisition of seating stands, buildings or other structures, ground or track and the necessary purchase or required restoration of depreciable property and equipment used in the operation of a racetrack. Ordinary repairs and maintenance shall not be considered racetrack improvements.
Ill. Admin. Code tit. 11, § 452.20