(A) There is hereby imposed a tax upon the privilege of using in the city any item of tangible personal property which is purchased outside the state at retail from a retailer, which is titled or registered with an agency of this state’s government, at a rate of 1% of the selling price of that tangible personal property, as selling price is defined in the Use Tax Act of the state, ILCS Ch. 35, Act 105, § 2.
(B) The farm machinery and equipment exclusion contained in ILCS Ch. 35, Act 105, § 3-5, in the Use Tax Act, approved July 14, 1955, as amended, shall not apply to the privilege of using in this municipality any item of tangible personal property which is purchased outside this state at retail from a retailer and which is titled or registered with an agency of this state’s government.
(1983 Code, § 20-73) (Ord. 2192, passed 10-10-1974; Am. Ord. 2289, passed 9-4-1980)