A tax is hereby imposed in accordance with the
provisions of 65 ILCS 8-11-6 upon the privilege of using in the municipality
any item of tangible personal property which is purchased outside
Illinois at retail from a retailer, and which is titled or registered
with an agency of Illinois government. The tax shall be at a rate
of 1% of the selling price of such tangible property, with selling
price to have the meaning as defined in the Use Tax Act, approved
July 14, 1955 (35 ILCS 150/1).
Such tax shall be collected by the Illinois
Department of Revenue for all municipalities imposing the tax and
shall be paid before the title or certificate of registration for
the personal property is issued.