(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 such rentals made in the course of such business while this section is in effect, in accordance with the provisions of 65 ILCS 5/8-11-7 of the State Municipal Code.
(B) Every such 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 the Retailers’ Occupation Tax, being 35 ILCS 120, as amended.
(C) At the time such 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.
(D) The Village Clerk is hereby directed to transmit to the State Department of Revenue a certified copy of this section not later than five days after the effective date of this section.
(E) This section shall be effective on the first day of the calendar month next following publication as provided in 65 ILCS 5/1-2-4 of the Municipal Code. Certified proof of publication shall be forwarded to the State Department of Revenue along with the certified copy of this section as required by division (D) above.
(Ord. 571, passed 1-7-1982)