It is the purpose of this chapter to establish a program of providing tax incentives for the creation of capital investment in order:

1. (1) to revitalize capital investment in this State, primarily by encouraging the formation of new businesses and the retention and expansion of existing businesses; and
2. (2) to promote meaningful employment.

HISTORY: 1995 Act No. 25, SECTION 2; 2010 Act No. 290, SECTION 20, eff January 1, 2011.