Senate Sponsors: WALSH,T. Short description: PROP TX-PRIOR YEAR EAV-COOK Synopsis of Bill as introduced: Amends the Property Tax Code concerning the rate computation. Deletes the provision providing that the equalized assessed value for calculating the extension shall be the sum of (i) the property value established in the year immediatley preceding the levy year, (ii) the value for the current levy year for new property, and (iii) certain tax increment value for the current levy year. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status