(A) Imposition; rate; statutory authority.
(1) A tax is imposed in accordance with the provisions of 65 ILCS 5/8-11-6 upon the privilege of using in the municipality any item of tangible personal property which is purchased outside the state at retail from a retailer, and which is titled or registered with an agency of state government.
(2) The tax shall be at a rate of 1% of the selling price of such tangible property with selling price to have the meaning as defined in the Use Tax Act, approved July 14, 1955, being 35 ILCS 105.
(1978 Code, § 3.16.010)
(B) Collection; when. Such tax shall be collected by the State 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.
(1978 Code, § 3.16.020)
(Ord. 461, passed - -1974)
Statutory reference:
Municipal use tax, see 65 ILCS 5/8-11-6