(A) Monthly reporting. The owner or owners of each hotel room within the city shall file monthly tax returns showing tax receipts received with respect to each hotel room during each month. The returns shall be due on or before the last day of the month for the preceding calendar month.
(B) Transmittal of tax. The tax shall be due on the day the monthly return is due as provided herein. At the time of filing such return, the owner shall pay to the city all taxes, interest and penalties, if any, due for the period to which the return applies.
(C) Failure to pay tax. If for any reason any tax is not paid when due, a penalty and interest, as set by division (D) below, on the amount of tax which remains unpaid shall be added and collected. Whenever any person shall fail to pay any tax as herein provided, the corporation counsel upon the request of the Mayor shall bring or cause to be brought an action to enforce the payment of the tax on behalf of the city in any court of competent jurisdiction.
(D) Schedule of certain rates. The following rates are hereby set for purposes of this chapter; provided that the city may from time to time increase or decrease any rate hereunder in order to equal those rates set forth from time to time by the Hotel Operators’ Occupation Tax Act (ILCS Ch. 35, Act 145, §§ 1 et seq.):
(1) Penalty, 7.5% added to the amount of tax unpaid and uncollected.
(2) Interest, 1.25% added per month to the amount of tax unpaid and uncollected.
(Ord. 13-004, passed 3-6-13) Penalty, see § 119.99