(A) (1) A tax is 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: | 0.201 per kilowatt-hour |
For the next 48,000 kilowatt-hours used or consumed in a month: | 0.132 kilowatt-hour |
For the next 50,000 kilowatt-hours used or consumed in a month: | 0.119 per kilowatt-hour |
For the next 400,000 kilowatt-hours used or consumed in a month: | 0.116 per kilowatt-hour |
For the next 500,000 kilowatt-hours used or consumed in a month: | 0.112 per kilowatt-hour |
For the next 2,000,000 kilowatt-hours used or consumed in a month: | 0.106 per kilowatt-hour |
For the next 2,000,000 kilowatt-hours used or consumed in a month: | 0.104 per kilowatt-hour |
For the next 5,000,000 kilowatt-hours used or consumed in a month: | 0.102 per kilowatt-hour |
For the next 10,000,000 kilowatt-hours used or consumed in a month: | 0.101 per kilowatt-hour |
For all electricity used or consumed in excess of 20,000,000 kilowatt-hours in a month: | 0.099 per kilowatt-hour |
(2) The tax rates set forth in the table in division (A)(1) above will be used at least through December 31, 2008, are proportional to the rates enumerated in 65 ILCS 5/8-11-2 (as modified by Public Act 90-561), and do not exceed the revenue that could have been collected during 1997 using the rates enumerated in 65 ILCS 5/8-11-2 (as modified by Public Act 90-561).
(B) Pursuant to 65 ILCS 5/8-11-2, the rates set forth in division (A) above shall be effective:
(1) On August 1, 1999 for residential customers; and
(2) On the earlier of:
(a) The last bill issued prior to December 31, 2000; or
(b) The date of the first bill issued, pursuant to 220 ILCS 5/16-204, for nonresidential customers.
(C) Pursuant to 65 ILCS 5/8-11-2, Article IV, § 36-4-1 et seq. of the Revised Code of Ordinances (commonly known as the gross receipts utility tax) shall specifically remain in effect:
(1) For receipts attributable to residential customers, July 31, 1999; and
(2) For receipts attributable to nonresidential customers, the earlier of:
(a) Through the last bill issued prior to December 31, 2000; or
(b) The date of the first bill issued to such nonresidential customer pursuant to 220 ILCS 5/16-104.
(D) The provisions of this subchapter shall not be effective until August 1, 1999.
(Ord. passed 5-5-1999)