In this subchapter:
(1) “New permanent job” means a new employment position that:
(A) is created by a qualified business as described by § 2303.402 at the qualified business site not earlier than the 90th day before the date the business’s project or activity is designated as an enterprise project under this chapter;
(B) will provide or has provided for the duration of the project’s designation period at least 1,820 hours of employment a year to a qualified employee; and
(C) will exist or has existed at the qualified business site for the longer of:
(i) the duration of the project’s designation period; or
(ii) three years after the date on which a state benefit is received as authorized by this chapter.
(2) “Retained job” means a job that:
(A) existed with a qualified business on the 91st day before the date the business’s project or activity is designated as an enterprise project;
(B) has provided and will continue to provide employment to a qualified employee of at least 1,820 hours annually; and
(C) will be or has been an employment position for the longer of:
(i) the duration of the project’s designation period; or
(ii) three years after the expiration date of the claim period for receipt of a state benefit authorized by this chapter.