As used in this act:
1. “Heavy equipment property” includes all rental property owned or held by a rental business classified under Industry No. 532412 or 532310 of the 2017 North American Industry Classification System;
2. “Primarily” means more than fifty-one percent (51%) of the annual revenue of the business is derived from the rental of personal property; and 3. “Rental charge” means the charge of the rental and does not include any other costs such as pickup and delivery, fuel, or a damage waiver.