As used in this chapter, the term:
(1) “Economic benefits” means the direct, indirect, and induced gains in state revenues as a percentage of the state’s investment. The state’s investment includes state grants, tax exemptions, tax refunds, tax credits, and other state incentives.
(2) “Department” means the Department of Economic Opportunity.
(3) “Executive director” means the executive director of the Department of Economic Opportunity, unless otherwise stated.