(A) 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 1% of the gross receipts from such sales made in the course of such business while this section is in effect, in accordance with the Retailers’ Occupation Tax Act, being 35 ILCS 120.
(B) Every such person engaged in such business in the village shall file reports to the state’s Department of Revenue as required by § 3 of “An Act in Relation to a Tax Upon Persons Engaged in the Business of Selling Tangible Personal Property to Purchasers for Use or Consumption,” approved June 28, 1933, as amended and being 35 ILCS 120/3, the Retailers’ Occupation Tax Act.
(C) At the time such report is filed, there shall be paid to the state’s Department of Revenue the amount of tax hereby imposed on account of the receipts from sales of tangible personal property during the preceding month.
(D) Exclusion a-1 contained in § 2 of the Retailers’ Occupation Tax approved June 28, 1933, as amended, and being 35 ILCS 120/2, shall not apply to persons engaged in the business of selling tangible personal property at retail within the village.
(Prior Code, § 2-5-1) (Ord. passed 9-2-1980)