INC TX-LEAD ABATE CREDIT House SponsorsRep. Harry Osterman-Paul D. Froehlich and Robin Kelly 1/9/2007HouseSession Sine Die 35 ILCS 5/216 new Amends the Illinois Income Tax Act. Creates a credit of up to $1,000 for the costs incurred by the taxpayer during the taxable year in order to make a property that was constructed before 1978 and that is owned by the taxpayer comply with applicable State and federal lead-safety standards. Provides that the credit may be carried forward for up to 5 years. Effective immediately. 1/19/2006HouseFiled with the Clerk by Rep. Harry Osterman 1/19/2006HouseFirst Reading 1/19/2006HouseReferred to Rules Committee 1/25/2006HouseAdded Chief Co-Sponsor Rep. Paul D. Froehlich 1/31/2006HouseAdded Co-Sponsor Rep. Robin Kelly 1/9/2007HouseSession Sine Die