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HomeMy WebLinkAboutOrdinances - O-65-33 - 11/15/1965 - ADOPT MUNICIPAL LEASING OCCUPATION TAXORDINANCE ADOPTING A MUNICIPAL OCCUPATION TAX O - C05-- 33 LEASING BE IT ORDAINED by the City Council of the City of McHenry, Illinois, that: Section 1. 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 percent of the gross receipts from such renting or leasing made in the course of such business while this ordinance is in effect, in accordance with the provisions of Section 8-11-6 of the Illinois Municipal Code. Section 2. Every person engaged in such business in the City of McHenry 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 adopted by the 74th General Assembly. Section 3. At the time such return is filed, there shall be paid to the State Department of Revenue the amount of tax hereby imposed on account of the receipts from renting or leasing tangible personal property during the preceding month. Section 4. The City 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 I days of its enactment asprovided 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. PASSED this 15th day of November, A. D. 1965. APPROVED: Mayor ATT i Clerk Voting Aye: Voting Naye: LOOZE & KINNE Absent: ATTORNEYS 2431 W. ELM STREET -NRY. ILLINOIS ATTACHED CERT. OF PUBLICATION TO ORIGINAL STATE OF ILLINOIS DEPARTMENT OF REVENUE SPRINGFIELD 62706 M ARSHALL KORSHAK DIRECTOR RULES AND REGULATIONS SAM KEYS November 30, 1965 DIVISION ASSISTANT DIRECTOR City Clerk City of McHenry McHenry, Illinois Dear Sir: This is to acknowledge receipt of a copy of your municipality's Ordinance imposing a tax at the rate of 2 of 1% under the Municipal Leasing Occupation Tax Act (Sec- tion 8-11-6 of the "Illinois Municipal Code"). The Depart- ment will consider this tax to be effective December 1, 1965. You will receive your first municipal leasing oc- cupation tax disbursement from the State Treasurer near the middle of March, 1966, and you will thereafter receive a municipal leasing occupation tax disbursement each month as long as you keep the tax in effect in your municipality. This remittance to your municipality for the municipal leas- ing occupation tax will not, however, be separate from the remittance for municipal retailers' occupation tax and/or Municipal Service Occupation Tax, but you will, on the con- trary, receive one remittance each month from the State Treasurer covering all such taxes. Very truly yours, MARSHALL Director Is and Regulations Division Springfield Office Phone: 525-7054 WI :mf