Illinois General Assembly - Bill Status for HB4856
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 Bill Status of HB4856  94th General Assembly


Short Description:  INC TX-LEAD ABATE CREDIT

House Sponsors
Rep. Harry Osterman - Paul D. Froehlich and Robin Kelly

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/216 new


Synopsis As Introduced
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.

Actions 
DateChamber Action
  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

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