(A) Unless a tax is imposed and collected pursuant to Chapter 886 of this Business Regulation and Taxation Code, a tax is hereby imposed on all persons engaged in the following occupations or privileges:
The privilege of using or consuming electricity acquired in a purchase at retail and used or consumed within the corporate limits of the municipality at the following rates, calculated on a monthly basis for each purchaser: | |
For the first 2,000 kilowatt hours used or consumed in a month | 0.5920 cents per kilowatt hour |
For the next 48,000 kilowatt hours used or consumed in a month | 0.3880 cents per kilowatt hour |
For the next 50,000 kilowatt hours used or consumed in a month | 0.3490 cents per kilowatt hour |
For the next 400,000 kilowatt hours used or consumed in a month | 0.3400 cents per kilowatt hour |
For the next 500,000 kilowatt hours used or consumed in a month | 0.3300 cents per kilowatt hour |
For the next 2,000,000 kilowatt hours used or consumed in a month | 0.3110 cents per kilowatt hour |
For the next 2,000,000 kilowatt hours used or consumed in a month | 0.3060 cents per kilowatt hour |
For the next 5,000,000 kilowatt hours used or consumed in a month | 0.3010 cents per kilowatt hour |
For the next 10,000,000 kilowatt hours used or consumed in a month | 0.2960 cents per kilowatt hour |
For all electricity used or consumed in excess of 20,000,000 kilowatt hours in a month | 0.2910 cents per kilowatt hour |
(B) Pursuant to ILCS Ch. 65, Act 5, § 8-11-2, the rates set forth in division (A) hereof shall be effective: on May 1, 1999, for residential customers; and on the earlier of the first bill issued on or after January 1, 2001, or the date of the first bill issued pursuant to ILCS Ch. 220, Act 5, § 16-104, for nonresidential customers.
(C) Pursuant to ILCS Ch. 65, Act 5, § 8-11-2, Chapter 886 of these Codified Ordinances (commonly known as the Gross Receipts Utility Tax) shall specifically remain in effect: for receipts attributable to residential customers, until May 1, 1999; and for receipts attributable to nonresidential customers, whichever is earlier: through the last bill issued prior to December 31, 2000; or the date of the first bill issued to the nonresidential customer pursuant to ILCS Ch. 220, Act 5, § 16-104.
(D) The provisions of this section shall not be effective until May 1, 1999.
(Ord. 99-12, passed 3-23-1999)