(a) Retailers' Occupation Tax Imposed: A tax is hereby imposed upon all persons engaged in the business of selling tangible personal property at retail in the village at the rate of one percent (1%) of the gross receipts from such sales made in the course of business while this article is in effect, in accordance with the provisions of 65 Illinois Compiled Statutes 5/8-11-1.
(b) Home Rule Municipal Retailers' Occupation Tax Effective Until December 31, 2008: In addition to subsection (a) of this section a one-half of one percent (1/2%) tax, effective January 1, 2005, is hereby imposed upon all persons engaged in the business of selling tangible personal property at retail in the village, other than an item of tangible personal property titled or registered with an agency of this state's government, at the rate of one-half of one percent (1/2%) of the gross receipts from such sales made in the course of such business, all in accordance with the provisions of 65 Illinois Compiled Statutes 5/8-11-1. This home rule municipal retailers' occupation tax shall not be applicable to the sales of food for human consumption which is to be consumed off the premises where it is sold (other than alcoholic beverages, soft drinks, and food that has been prepared for immediate consumption) and prescription and nonprescription medicines, drugs, medical appliances and insulin, urine testing materials, syringes and needles used by diabetics. This tax shall be effective until December 31, 2008, when it shall be increased to the rate of one percent (1%) as provided in subsection (c) of this section.
(c) Home Rule Municipal Retailers' Occupation Tax Effective As Of January 1, 2009: Effective January 1, 2009, the home rule municipal retailers' occupation tax imposed by subsection (b) of this section upon all persons engaged in the village of selling tangible personal property at retail in the village, other than an item of tangible personal property titled or registered with an agency of this state's government, shall be increased to the rate of one percent (1%) of the gross receipts from such sales made in the course of such business, all in accordance with the provisions of 65 Illinois Compiled Statutes 5/8-11-1. This home rule municipal retailers' occupation tax shall not be applicable to the sales of food for human consumption which is to be consumed off the premises where it is sold (other than alcoholic beverages, soft drinks, and food that has been prepared for immediate consumption) and prescription and nonprescription medicines, drugs, medical appliances and insulin, urine testing materials, syringes and needles used by diabetics. (Ord. 0-08-15, 4-21-2008)