A tax is hereby imposed upon all persons engaged in the city in the business of renting or leasing tangible personal property to the users thereof at the rate of 0.5% of the gross receipts from such renting or leasing made in the course of such business while this subchapter is in effect, in accordance with the provisions of 65 ILCS 5/8-11-6.
(Prior Code, § 23-28) (Ord. 682, passed 4-4-1966)