(A) Tax imposed. A tax is imposed in accordance with provisions of the Illinois Municipal Code, § 8-11-6 upon the privilege of using in the village any item of tangible personal property which is purchased outside Illinois at retail from a retailer and which is titled or registered with an agency of the Illinois government. The tax shall be at a rate of 1% of the selling price of the tangible property with selling price to have the meaning as defined in the Use Tax Act, approved July 4, 1955.
(`70 Code, § 20-10)
(B) Collection. The tax shall be collected by the Illinois Department of Revenue for all municipalities imposing the tax and shall be paid before the title or certificate of registration for the personal property is issued.
(`70 Code, § 20-11) (Ord. 183, passed 11-26-74)