MUNI CD-BANKRUPTCY PETITION Senate SponsorsSen. Kimberly A. Lightford 1/8/2013SenateSession Sine Die 65 ILCS 5/8-1-19 newAmends the Illinois Municipal Code. In provisions concerning finance, provides that a municipality may file a petition and exercise powers pursuant to applicable federal bankruptcy law. Effective immediately. 2/10/2012SenateFiled with Secretary by Sen. Kimberly A. Lightford 2/10/2012SenateFirst Reading 2/10/2012SenateReferred to Assignments 3/9/2012SenateRule 2-10 Committee Deadline Established As March 30, 2012 1/8/2013SenateSession Sine Die