HomeMy WebLinkAboutOrd 1078 09/07/1965
ORDINANCE NO. 1078
AN ORDINANCE IMPOSING A MUNICIPAL
LEASING OCCUPATION TAX
BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF MOUNT PROSPECT:
SECTION ONE: A tax is hereby imposed upon all persons engaged in
the business of renting or leasing tangible personal property to the
users thereof at the rate of one-half of one per cent of the gross re-
ceipts from such renting or leasing made in the course of such business
C' while this ordinance is in effect, in accordance with the provisions of
Section 8-11-6 of the Illinois Municipal Code.
SECTION TWO: Every person engaged in such business in the Village
shall file with the State Department of Revenue the return in the manner
as required by Section Five of the "Leasing Occupation Tax Act" as adopt-
ed by the 74th General Assembly.
SECTION THREE: At the time such return is filed, there shall be
paid to the State Department of Revenue the amount of tax hereby im-
posed on account of the receipts from renting or leasing tangible per-
sonal property during the preceding month.
SECTION FOUR: 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 FIVE: This ordinance shall be published within ten (10)
days of its enactment as provided in Section 1-2-4 of the Illinois
Municipal Code and shall be effective from and after the first day of
the calendar month next following its publication.
AYES: Colfer, Grittani, Ekren, Teichert, B:uhl, Bergen
NAYS: None
PASSED and APPROVED this 7th day of
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ATTEST:
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Village Clerk