SEC. 57-30-1. Definitions.

As used in this chapter, the following terms and phrases shall have the meanings ascribed in this section unless the context clearly indicates otherwise:

(a) "Approved participant" means a person, corporation or other entity issued a certificate by the Mississippi Department of Economic and Community Development under Section 57-30-3.

(b) "Department" means the Mississippi Department of Economic and Community Development.

(c) "Project" means any family-oriented entertainment enterprise such as campgrounds and theme parks, as designated by the Mississippi Department of Economic and Community Development, with an initial capital investment of not less than Five Million Dollars ($5,000,000.00) if located in a county in a developed area, as designated under Section 57-73-21, or with an initial capital investment of not less than Three Million Dollars ($3,000,000.00) if located in a county in a moderately developed area or less developed area as designated in Section 57-73-21. Whether a county is in a developed area, moderately developed area or less developed area shall be determined by the classification of the area at the time the initial investment is made. The term "project" also means any of the following if located on the project site or within one (1) mile of the project and owned by the owner of the family-oriented entertainment enterprise: (a) auditoriums, (b) dining facilities, (c) gift shops and (d) lodging facilities. However, the capital investment in any such dining facility or lodging facility shall not be included for purposes of meeting the minimum capital investment requirement for a project. The term "project" does not mean any business, corporation or entity having a gaming license issued under Section 75-76-1 et seq., Mississippi Code of 1972, but may include a family-oriented entertainment enterprise owned by such a business, corporation or entity that is in excess of development that the State Gaming Commission requires for the issuance or renewal of a gaming license.

(d) "State" means the State of Mississippi.

SOURCES: Laws, 2000, ch. 616, § 1, HB1301, eff from and after July 2, 2000.