The following words and terms, when used in this Chapter in
the context of the Events Trust Fund Program, shall have the following
meanings:
(1) Cost--An applicant's direct expenses and obligations
necessary for the preparation or presentation of an event and related
activities under an event support contract that are not recouped from
or refunded by other parties.
(2) Endorsing county--A county that contains within
its boundaries a site selected by a site selection organization for
one or more events.
(3) Endorsing municipality--A municipality that contains
within its boundaries a site selected by a site selection organization
for one or more events.
(4) Event--An event or a related series of events held
in this state for which a local organizing committee, endorsing county,
or endorsing municipality seeks approval from a site selection organization
to hold the event at a site in this state. The term includes any activities
related to or associated with the event.
(5) Direct spending--The amount of incremental increase
in tax receipts for the 30-day period that ends one day after the
last date of the event that are directly attributable to spending
related to the preparation or presentation of an event.
(6) Site selection organization--An entity that conducts
or considers conducting an eligible event in this state.
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