A tax is hereby imposed upon all persons engaged in the business of renting or leasing tangible personal property to the users thereof at the rate of .5% of the gross receipts from such renting or leasing made in the course of such business while this subchapter is in effect, in accordance with the provisions of Illinois Municipal Code, ILCS Ch. 65, Act 5, § 8-11-6.
(`95 Code, § 35.40) (Ord. 65-6, passed - - )