(1) "Applicant" means any business concern operating within the State of Arkansas that meets the criteria of a person, corporation, partnership, or other business organization;

(2) "Commission" means the Arkansas Pollution Control and Ecology Commission;

(3) "Department" means the Arkansas Department of Environmental Quality;

(4) "Director" means the executive head and active administrator of the Arkansas Department of Environmental Quality;

(5) "Mandated environmental control" means any change in a commercial process that is required by federal or state environmental law or duly adopted regulation;

(6)

(A) "Pollution prevention" means reducing or eliminating the generation of pollutants and waste at the source.

(B) As used in this subchapter, "pollution prevention" shall be expanded to also include process modifications and equipment acquisitions that promote the recovery and reuse of pollutants.

(C) Specifically excluded from this definition of eligible activities are investments in waste treatment processes or equipment, unless the treatment involves the recovery and reuse of pollutants.

(D) Pollution prevention also may include the acquisition and installation of capital equipment, a process change, or a combination of capital equipment and process change; and

(7) "Waste reduction" means handling or processing waste materials in a way that ultimately reduces the total quantity of waste disposed. This includes process modifications and equipment acquisitions that promote the recovery, reuse, or recycling of pollutants and wastes.