(A) 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 (35 ILCS 636/5-25 and 5-30) is changed to 2%.
(B) This section shall be in full force and effect from and after its passage and approval and publication in pamphlet form as required by law; provided, however, that division (A) above shall take effect for all gross charges billed by telecommunications retailers on and after January 1, 2003. The Village Clerk is directed to file a certified copy of the ordinance set forth in this section with the State Department of Revenue on or before September 30, 2002.
(Prior Code, § 36.26) (Ord. 02-09-02, passed 9-9-2002)