INC TX-LEAD ABATE CREDIT House SponsorsRep. Harry Osterman 1/13/2009HouseSession Sine Die 35 ILCS 5/218 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. 2/23/2007HouseFiled with the Clerk by Rep. Harry Osterman 2/23/2007HouseFirst Reading 2/23/2007HouseReferred to Rules Committee 2/27/2007HouseAssigned to Revenue Committee 3/23/2007HouseRule 19(a) / Re-referred to Rules Committee 1/13/2009HouseSession Sine Die