(A) A tax is hereby imposed upon the privilege of using in this village an automobile which is rented from a renter outside the state and which is titled or registered with an agency of the state’s government in this village at the rate of 1% of the rental price of such automobile while this article is in effect, in accordance with the provisions of 65 ILCS 5/8-11-8.
(B) Every such person engaged in such business in the village shall file on or before the last day of each calendar month the report to the State Department of Revenue required by 35 ILCS 120/3, as amended.
(C) The tax provided for in this article shall be collected from the persons whose state address for titling or registration purposes is given as being in the village.
(D) 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 renting of automobiles during the preceding month.