HomeMy WebLinkAboutOrd 2012 07/18/1967
ORDINANCE NO. 2012
AN ORDINANCE INCREASING THE MUNICIPAL RErAILERS' OCCUPATIONAL TAX
WHEREAS, the General Assembly of the State of Illinois in its last
legislative session adopted into law the increase to be :imposed as to the
Retailers' Occupational Tax; and
WHEREAS, provisions contained in such recently adopted law provide
for the local municipalities to benefit from the revenue gained in the
increased tax; and
WHEREAS, on August 23, 1955 the President and Board of Trustees of
the Village of !\bunt Prospect passed and approved Ordinance No. 457 entitled
"An Ordinance Imposing a ~icipal Retailers' Occupational Tax; and
WHEREAS, the President and Board of Trustees of the Village of Mount
Prospect have determined that the best interests of the residents of the
Village of lVbunt Prospect would best be served in the passage of this Ordinance;
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VIILAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION 1: A tax is hereby imposed upon all persons engaged in the
business of selling tangible personal property at retail in this Village at the
rate of three-quarters of one per cent of the gross receipts from such sales
made in the course of such business while this Ordinance is in effect, in
accordance with the provisions of Section 8-11-1 of the Illinois Municipal Code.
SECTION 2: 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 Section Three of "An Act in Relation
to a Tax Upon Persons Engaged in the Business of Selling Tangible Personal
Property to Purchasers for Use or Consumption" approved June 28, 1933, as
amended .
SECTION 3: 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 receipts from sales of tangible personal property during the preceding month
SECTION 4: The Village Clerk is hereby directed to transmit to the
State Department of Revenue a certified copy of this Ordinance not later than
five (5) days after the effective date of this Ordinance.
SECTION 5: This Ordinance shall be published within ten (10) days of
its enactment as provided in Section 1-2-4 of the Illinois ~icipal Code and
shall be effective from and after the first day of the calendar month next
following the expiration of the ten (10) day publication period.
SECTION 6: This Ordinance shall take effect on the first day of
August, 1967.
SECTION 7: That all Ordinances or parts of Ordinances in conflict
herewith are hereby repealed.
AYES: