(a) In this subtitle the following words have the meanings indicated.
(b) “Area” means a geographic area in one or more political subdivisions in the State described by a closed perimeter boundary.
(c) “Business entity” means a person that operates or conducts a trade or business.
(d) “Enterprise zone” means an area:
(1) that meets the requirements of § 5-704(a) of this subtitle and is designated as an enterprise zone by the Secretary under § 5-704(b) of this subtitle;
(2) designated as an enterprise zone by the United States government under 42 U.S.C. §§ 11501 through 11505; or
(3) designated as an empowerment zone or enterprise community by the United States government under 26 U.S.C. §§ 1391 through 1397F.
(e) “Focus area” means an area that meets the requirements of § 5-706 of this subtitle and is designated as a focus area by the Secretary under § 5-706 of this subtitle.
(f) “Political subdivision” means a county or municipal corporation.
(g) “Submission date” means April 15 or October 15.