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HomeMy WebLinkAboutORDINANCE - 1273 - 1/23/1979 - TAX, OCCUPATIONAL MACHINERY & EQUIPORDINANCE NO. 1273 AN ORDINANCE TO CONTINUE TO rF.QUIRE CERTAIN MANUFACTURING MACHINERY AND EQUIPMENT TO BE SUBJECT TO THE RETAILERS OCCUPATION TAX AND SERVICE OCCUPATION TAX WHEREAS, the President and Board of Trustees of the Village of Elk Grove Village, at a public meeting duly called and held according to law, considered the issue of continuing to require certain manufacturing machinery and equipment to. be subject to the Retailers Occupation Tax and Service Occupation Tax; and WHEREAS, SB 736 (Public Act 80-1292), effective August 2, 1978, has been adopted by the Illinois General Assembly; and WHEREAS, said amendments provide that certain described manufacturing machinery and equipment is excluded from the Retailers Occupation Tax and the Service Occupation Tax; and WHEREAS, it is the desire of the Village of Elk Grove Village that such machinery and equipment remain subject to said taxes. NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and Du Page, Illinois, as follows: Section 1: That Article XLV, Municipal Retailers Occupation Tax, of the Municipal Code of the Village of Elk Grove Village, be and is hereby amended by adding thereto a new Section 18.4504 to read: Section 18.4504. Exemption (d) contained in Section 2 of the "Retailers Occupation Tax Act", approved June 28, 1933, as amended, shall not apply to property within the Village of Elk Grove Village, Illinois. Section 2: That Article XLVI, Municipal Service Occupation Tax, of the Municipal Code of the Village of Elk Grove Village, be and is hereby amended by adding thereto a new section 18.4604, to read as follows: Section 18.4604. Exemption (e) under "Sale of Service" contained in Section 2 of the "Service Occupation Tax Act, approved July 10, 1961, as amended, shall not apply to property within the Village of Elk Grove Village. Section 3: That this Ordinance shall be in full force and effecy from and after its passage, approval and publication according to law. VOTE: AYES: 5 NAYS: 0 ABSENT: 1 APPROVED: ATTEST: Charles J. Zettek VILLAGE PRESIDENT Fay Bishop DEPUTY VILLAGE CLERK PASSED this 23rd day of January 1979. APPROVED this 23rd day of January 1979. PUBLISHED in the Elk Grove Daily Herald this 31st day of January 1979. - 2 -