(A) Rate calculation. The State Department of Revenue was required under §§ 5-25 and 5-30 of the Simplified Municipal Telecommunications Tax Act to publish a list and calculate a rate for the imposition of a simplified municipal telecommunications tax for each municipality that had in place one or more of the following: a municipal tax on transmitting messages under 65 ILCS 5/8-11-2; a municipal telecommunications tax under 65 ILCS 5/8-11-17; or a municipal infrastructure maintenance fee under 35 ILCS 635/20, as of July 1, 2002. The list published by the State Department of Revenue listed this municipality and calculated a rate for the simplified municipal telecommunications tax of 1% to be collected on gross charges by telecommunications retailers beginning January 1, 2003.
(B) Rate changes. The rate of the simplified municipal telecommunications tax imposed under the provisions of §§ 5-25 and 5-30 of the Simplified Municipal Telecommunications Tax Act, P.A. 92-0526, is hereby changed to 3%.
(1974 Code, § 3-19-2) (Ord. 2002-9-4, passed 9-10-2002)