(A) A tax is hereby imposed upon all persons engaged in the business of renting automobiles in this Village, at the rate of 1% of the gross receipts from the rentals made in the course of the business while this is in effect, in accordance with the provisions of ILCS Ch. 65, Act 5, § 8-11-7.
(B) Every person engaged in such business in the Village shall file, on or before the last day of each calendar month, the report to the State Department of Revenue required by ILCS Ch. 35, Act 120, §§ 2 and 3.
(C) At the time the report is filed, there shall be paid to the State Department of Revenue the amount of tax hereby imposed on account of the renting of automobiles during the preceding month.
(Prior Code, § 7-113) (Ord. 1981-20, passed 1-7-1982)