(A) A tax is hereby imposed on all persons engaged in the following occupations or privileges:
(1) Persons engaged in the business of transmitting messages by means of electricity or magnetic radio waves, or fiber optics at a rate not to exceed 5%, if the gross receipts from the business originating within the corporate limits of the village;
(2) Persons engaged in the business of distributing, supplying, furnishing or selling electricity for use or consumption within the corporate limits of the village, and not for resale, at the rate of 5% of the gross receipts therefrom; and
(3) Persons engaged in the business of distributing, supplying, furnishing or selling gas for use or consumption within the corporate limits of the village, and not for resale, at the rate of 5% of the gross receipts therefrom.
(B) The tax imposed under this section shall not apply with respect to gross receipts pertaining to bills for the distribution, supply, furnishing or sale of electricity where the use or consumption of the electricity is subject to the tax imposed under division (A) above.
(C) If a taxpayer under this subchapter is unable to use a credit authorized by this section solely because the tax imposed by this subchapter has been replaced by the tax imposed under this subchapter, then the taxpayer may apply the credit against any tax due under ordinance.
(Prior Code, § 35.040) (Ord. 77-14, passed 9-26-1977; Ord. 94-12, passed 4-3-1995; Ord. 98-4, passed 7-31-1998)