Clarifies that aspects of certain athletic projects should be counted as capital improvements for the brownfield redevelopment tax credit

Clarifies starting with the taxable year twenty eighteen, stadiums, parks, basketball courts and other recreational facilities shall be considered buildings, and that components of stadiums, parks, basketball courts, and other recreational facilities including sports field turf, site lighting, parking lots, sidewalks, access and entry ways, and other improvements not directly to or added to land shall be considered structural components of buildings under the internal revenue code, and shall be included in the definition of tangible property for the purposes of the brownfield redevelopment tax credit, and shall not be considered on the basis of real property.