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(1) "Agreement" means an oral or written agreement between a:
(a)
(i) county; or
(ii) municipality; and
(b) person.
(2) "Municipality" means a:
(a) city;
(b) town; or
(c) metro township.
(3) "Payment" includes:
(a) a payment;
(b) a rebate;
(c) a refund; or
(d) an amount similar to Subsections (3)(a) through (c).
(4) "Regional retail business" means a:
(a) retail business that occupies a floor area of more than 80,000 square feet;
(b) dealer as defined in Section 41-1a-102;
(c) retail shopping facility that has at least two anchor tenants if the total number of anchor tenants in the shopping facility occupy a total floor area of more than 150,000 square feet; or
(d) grocery store that occupies a floor area of more than 30,000 square feet.
(5)
(a) "Sales and use tax" means a tax:
(i) imposed on transactions within a:
(A) county; or
(B) municipality; and
(ii) except as provided in Subsection (5)(b), authorized under Title 59, Chapter 12, Sales and Use Tax Act.
(b) "Sales and use tax" does not include a tax authorized under:
(i) Subsection 59-12-103(2)(a)(i);
(ii) Subsection 59-12-103(2)(b)(i);
(iii) Subsection 59-12-103(2)(c)(i);
(iv) Subsection 59-12-103(2)(d);
(v) Subsection 59-12-103(2)(e)(i)(A);
(vi) Section 59-12-301;
(vii) Section 59-12-352;
(viii) Section 59-12-353;
(ix) Section 59-12-603; or
(x) Section 59-12-1201.
(6)
(a) "Sales and use tax incentive payment" means a payment of revenues:
(i) to a person;
(ii) by a:
(A) county; or
(B) municipality;
(iii) to induce the person to locate or relocate a regional retail business within the:
(A) county; or
(B) municipality; and
(iv) that are derived from a sales and use tax.
(b) "Sales and use tax incentive payment" does not include funding for public infrastructure.