§ 111.03 SERVICE OCCUPATION TAX.
(A) A tax is hereby imposed upon all persons engaged in this municipality in the business of making sales of service at the rate of 1% of the cost price of all tangible personal property transferred by said servicemen either in the form of tangible personal property or in the form of real estate as an incident to a sale of service, in accordance with the provisions of 65 ILCS 5/8-11-5 of the State Municipal Code.
(B) Every supplier or serviceman required to account for municipal service occupation tax for the benefit of this municipality shall file, on or before the last day of each calendar month, the report to the State Department of Revenue required by § 9 of the Service Occupation Tax Act approved July 10, 1961, 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.
(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 published within ten days of its enactment as provided, in 65 ILCS 5/1-2-4 of the State Municipal Code and shall be effective from and after October 1, 1969.
(F) The exclusion contained in § 2(e) of the Service Occupation Tax Act approved July 10, 1961, as amended, shall not apply to property within the village.
(G) The farm machinery and equipment exclusion contained in § 3 of the Service Occupation Tax Act, approved July 10, 1961, as amended, shall not apply to all persons engaged in the business of making sale of service within the village.
(Ord. 373, passed 7-31-1969; Ord. 523, passed 12-21-1978; Ord. 551, passed 10-2-1980)