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ORDINANCE NO. 1273 <br />AN ORDINANCE TO CONTINUE TO rF.QUIRE CERTAIN <br />MANUFACTURING MACHINERY AND EQUIPMENT TO BE <br />SUBJECT TO THE RETAILERS OCCUPATION TAX <br />AND SERVICE OCCUPATION TAX <br />WHEREAS, the President and Board of Trustees of the Village <br />of Elk Grove Village, at a public meeting duly called and held <br />according to law, considered the issue of continuing to require certain <br />manufacturing machinery and equipment to. be subject to the Retailers <br />Occupation Tax and Service Occupation Tax; and <br />WHEREAS, SB 736 (Public Act 80-1292), effective August 2, <br />1978, has been adopted by the Illinois General Assembly; and <br />WHEREAS, said amendments provide that certain described <br />manufacturing machinery and equipment is excluded from the <br />Retailers Occupation Tax and the Service Occupation Tax; and <br />WHEREAS, it is the desire of the Village of Elk Grove Village <br />that such machinery and equipment remain subject to said taxes. <br />NOW, THEREFORE, BE IT ORDAINED by the President and Board of <br />Trustees of the Village of Elk Grove Village, Counties of Cook <br />and Du Page, Illinois, as follows: <br />Section 1: That Article XLV, Municipal Retailers Occupation <br />Tax, of the Municipal Code of the Village of Elk Grove Village, <br />be and is hereby amended by adding thereto a new Section 18.4504 <br />to read: <br />Section 18.4504. Exemption (d) contained in <br />Section 2 of the "Retailers Occupation Tax Act", approved <br />June 28, 1933, as amended, shall not apply to property <br />within the Village of Elk Grove Village, Illinois. <br />Section 2: That Article XLVI, Municipal Service Occupation <br />Tax, of the Municipal Code of the Village of Elk Grove Village, <br />be and is hereby amended by adding thereto a new section 18.4604, <br />to read as follows: <br />Section 18.4604. Exemption (e) under "Sale of Service" <br />contained in Section 2 of the "Service Occupation Tax Act, <br />approved July 10, 1961, as amended, shall not apply to <br />property within the Village of Elk Grove Village. <br />