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IL HB0501
Bill
Status
Failed
1/8/2019
Primary Sponsor
Allen Skillicorn
Click for details
AI Summary
- Amends the Illinois Municipal Code by adding Section 8-1-19 concerning municipal bankruptcy petitions
- Allows any municipality in Illinois to file a petition and exercise powers under applicable federal bankruptcy law
- Takes effect immediately upon becoming law
- Introduced by Rep. Allen Skillicorn during the 100th General Assembly (2017-2018)
Legislative Description
MUNI CD-BANKRUPTCY PETITION
Last Action
Session Sine Die
1/8/2019
Committee Referrals
Rules3/31/2017
Local Government2/8/2017
Cities & Villages2/2/2017
Rules1/20/2017
Full Bill Text
No bill text available