A. A tax is hereby imposed in accordance with the provisions of section 8-11-6 of the Illinois municipal code upon the privilege of using in the city any item of tangible personal property which is purchased outside Illinois at retail from a retailer, and which is titled or registered with an agency of Illinois government. The tax shall be at a rate of one percent (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 1 .
B. Such tax shall be collected by the Illinois department of revenue and shall be paid before the title or certificate of registration for the personal property is issued. (Ord. 0-76-04, 6-1-1976)
C. The farm machinery and equipment exclusion contained in section 3 of the use tax act, approved July 14, 1955, as amended, shall not apply to the privilege of using in such municipality any item of tangible personal property which is purchased outside Illinois at retail from a retailer and which is titled or registered with an agency of this state's government. (Ord. 0-80-47, 10-7-1980)
Notes
| 1 | 2. 35 ILCS 105/2. |