A. Tax Imposed: A tax is hereby imposed upon all persons engaged in the business of selling tangible personal property at retail in the city at the rate of one percent (1%) of the gross receipts from such sales made in the course of such business while this section is in effect, in accordance with the provisions of 65 Illinois Compiled Statutes 5/8-11-1 of the Illinois municipal code, as amended.
B. Monthly Report: Every such person engaged in such business in the city shall file, on or before the last day of each calendar month, the report to the state department of revenue required by section 3 of "an act in relation to a tax upon persons engaged in the business of selling tangible personal property to purchasers for use or consumption" approved June 28, 1933, as amended.
C. Payment Of Tax: At the time such report is filed, there shall be paid to the state department of revenue the amount of tax hereby imposed on account of the receipts from sales of tangible personal property during the preceding month. (Ord. 69-5, 9-2-1969, eff. 10-1-1969)
D. Farm Machinery And Equipment Exclusion:
1. Nonapplicability: Exclusion a-1 contained in section 2 of the "retailers' occupation tax act", approved June 28, 1933, as amended, shall not apply to persons engaged in the business of selling tangible personal property at retail within the city. (Ord. 80-5, 10-6-1980)
2. Sales Price Limitation: No retail occupation tax shall be imposed by the city on "farm machinery and equipment", as defined in 35 Illinois Compiled Statutes 120/2-5. (Ord., 10-6-1987; amd. 1997 Code)