(A) Effective date. This subchapter shall be in full force and effect from and after its passage and approval. On or before October 1, 2013, the City Clerk and other city staff are directed to provide the Illinois Department of Revenue with a certified copy of this subchapter and such other information required by the Department of Revenue so that the Business District Retailers’ Occupation Tax provided for in § 35.201 of this chapter, and the Business District Service Occupation Tax provided for in § 35.202 of this chapter may be administered and enforced by the Illinois Department of Revenue beginning on January 1, 2014.
(B) North Seminary Street Business District Tax Allocation Fund. All proceeds of the taxes imposed on any such penalties which accrue from the Business District Taxes imposed hereby shall be deposited into a special fund of the city called the “North Seminary Street Business District Tax Allocation Fund” in accordance with the Business District Development and Redevelopment Law.
(C) Enforcement. The Illinois Department of Revenue shall have the authority to administer and enforce the Retailers’ Occupation Tax and the Business District Service Occupation Tax as aforesaid, and the city shall have the authority to administer and enforce the Business District Hotel Operators’ Occupation Tax imposed under § 35.203 of this subchapter.
(D) Termination. The business district taxes established in this section shall be imposed until such time as they are rescinded by the City Council in accordance with the Business District Development and Redevelopment Law, as may be amended from time to time.
(Ord. 13-3414, passed 8-19-2013; Ord. 13-3423, passed 10-21-2013)