Specifies that the calculation of the state's share of total program expenses that applies when a school district chooses to reduce or end business personal property taxes does not apply to the exemption created in this act.
Capital letters indicate new material to be added to existing statute.
Dashes through the words indicate material to be deleted from existing statute. Personal property - exemption from school district 8 property tax. Personal property - exemption. Local and state shares of district total program. Local and state shares of district total program.