[Adopted 6-3-2025 by Ord. No. 8135]
A tax is hereby imposed upon:
A. 
All persons engaged in the business of selling tangible personal property, other than an item titled or registered with an agency of the government of the State of Illinois, at retail in the Business District, at a rate of 1% of the gross receipts of the sales made in the course of such business ("Business District Retailers' Occupation Tax"), in accordance with Section 11-74.3-6(b) of the Business District Law;[1] and
[1]
Editor's Note: See 65 ILCS 5/11-74.3-6(b).
B. 
All persons engaged, in the Business District, in the business of making sales of service who, as an incident to making those sales of service, transfer tangible personal property within the Business District, either in the form of tangible personal property or in the form of real estate as an incident to a sale of service, at a rate of 1% of the selling price of the tangible personal property so transferred within the Business District ("Business District Service Occupation Tax"), in accordance with the provisions of Section 11-74.3-6(c) of the Business District Law.[2]
[2]
Editor's Note: See 65 ILCS 5/11-74.3-6(c).
The Business District Retailers' Occupation Tax and Business District Service Occupation Tax (collectively, the "Sales Taxes") imposed by this article shall not apply to the sale of food for human consumption that is to be consumed off the premises where it is sold (other than alcoholic beverages, soft drinks, and food that has been prepared for immediate consumption); prescription and nonrescription medicines, drugs, or medical appliances; modifications to a motor vehicle for the purpose of rendering it usable by a disabled person; and insulin, urine testing materials, syringes, and needles used by diabetics, for human use, or such other items that are exempt from the Sales Taxes pursuant to the Business District Law.
The Sales Taxes shall apply in the Business District, pursuant to this article and Section 11-74.3-6 of the Business District Law.[1] The Business District is legally described in Exhibit A, attached to and, by this reference, incorporated into and made a part of this article as if fully set forth herein.[2] A map depicting the Business District is attached as Exhibit A-1 and, by this reference, incorporated into and made a part of this article as if full set forth herein.[3] The Sales Taxes shall be imposed until all Business District project costs and all municipal obligations financing the Business District project costs have been paid in accordance with the Business District Plan, but in no event longer than 23 years after the date of adoption of this article.
[1]
Editor's Note: See 65 ILCS 5/11-74.3-6.
[2]
Editor's Note: Said exhibit is on file in the City offices.
[3]
Editor's Note: Said exhibit is on file in the City offices.
The taxes hereby imposed, and all civil penalties that may be assessed as an incident thereto, shall be collected and enforced by the Department of Revenue of the State of Illinois. The Department of Revenue shall have full power to administer and enforce the provisions of this article.
The Corporate Authorities hereby authorize and direct the City Manager to file (or cause to be filed) a certified copy of this article with the Department of Revenue on or before the first day of October 2025, in accordance with Section 11-74.3-6 of the Business District Law.[1]
[1]
Editor's Note: See 65 ILCS 5/11-74.3-6.
This article shall be in full force and effect after its passage, approval, and publication in pamphlet form in the manner provided by law, and the taxes imposed in this article shall take effect on the first day of January 2026, in accordance with Section 11-74.3-6 of the Business District Law.[1]
[1]
Editor's Note: See 65 ILCS 5/11-74.3-6.