Ill. Admin. Code tit. 8 § 270.150

Current through Register Vol. 48, No. 49, December 6, 2024

Section 270.150 - Sales During the State Fair

For those persons subject to a percentage rental contract, the State of Illinois shall be entitled to a percent of all gross sales during the State Fair. The percentage rate shall be subject to a negotiated written contract between the concessionaire and the Department. The percentage rate in the contract shall be based on the following factors: cost of operation of the concession, profit margin, anticipated gross revenue of the concessionaire, previous experience, selling price, and other factors which could influence the negotiated rate.

Ill. Admin. Code tit. 8, § 270.150

Amended at 18 Ill. Reg. 9400, effective June 12, 1994