WALSH,T. 35 ILCS 200/18-45 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. 99-02-25 S FIRST READING 99-02-25 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-25 S ASSIGNED TO COMMITTEE REVENUE 99-03-11 S TO SUBCOMMITTEE 99-03-11 S COMMITTEE REVENUE 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary