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91_HB1125 LRB9104225DHmg 1 AN ACT to amend the Illinois Municipal Code by changing 2 Section 8-1-1. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Illinois Municipal Code is amended by 6 changing Section 8-1-1 as follows: 7 (65 ILCS 5/8-1-1) (from Ch. 24, par. 8-1-1) 8 Sec. 8-1-1. Control of finances. The corporate 9 authorities may control the finances of the corporation. 10 (Source: Laws 1961, p. 576.)