Terms used in §§ 10-45-99 to 10-45-107, inclusive, mean:
- (1) "Department," the Department of Revenue;
- (2) "Business," a business that has purchased and is installing tangible personal property in the form of equipment or machinery for direct use in a manufacturing, fabricating, or processing business, which is subject to sales or use tax pursuant to chapter 10-45 or 10-46;
- (3) "Project," the purchase and installation of equipment or machinery;
- (4) "Project cost," the amount paid in money for a project;
- (5) "Secretary," the secretary of the Department of Revenue.
Source: SL 2001, ch 57 , § 2; SL 2011, ch 1 (Ex. Ord. 11-1 ), § 161, eff. Apr. 12, 2011.