(a) As used in this section:
(1) “Business” means any enterprise carried on for the purpose of gain or economic profit; and
(2) “Gross receipts”:
(A) Means all receipts from whatever sources derived before any deductions; and
(B) Does not include tips, gratuities, or other amounts customarily assumed to be intended for the person who has served the customer or client.
(b) Notwithstanding any law to the contrary, a county shall not require a license, permit, or any other form of regulation for a business that:
(1) Is operated solely by a person or persons under eighteen (18) years of age;
(2) Is located on private property with the permission of the property owner; and
(3) Generates gross receipts of three thousand dollars ($3,000) or less in a calendar year.