| | | Part F reforms the business equipment tax reimbursement | | program (BETR) by limiting state reimbursement to 70% of the | | taxes paid on eligible property reduced by the amount of tax | | reimbursement received for the property through a tax | | increment financing agreement. |
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| | | Part G provides that, for property first placed in service | | in property tax years beginning after April 1, 2003, property | | used in, or in support of, the provision of a nonqualified | | service or a retail sales facility is not eligible for BETR | | reimbursement. |
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