Each retailer in Illinois who makes sales at retail of building materials to be incorporated into real estate located in the enterprise zone of the city, may deduct receipts from such sales from the Illinois Retailer's Occupation Tax only to the extent that a building permit is issued for the construction, and the project is approved by the enterprise zone administrator. A copy of the zone administrator's certificate of approval must be provided to the retailer at the time of purchase and maintained by the retailer in its books and records to establish the exemption.
(Ord. 2651, passed 12-14-87; Am. Ord. 2918, passed 8-22-94; Am. Ord. 3357, passed 8-12-02)