§ 6-363. Foreign Fire Insurance Company Tax imposed.

Latest version.

Pursuant to the authority granted under ILCS ch. 65, act 5, § 11-10-1, now or hereafter amended, a tax is hereby imposed on every corporation, company and association which is not incorporated under the laws of the State and which is engaged in effecting fire insurance in the village at the rate of two percent of the gross receipts received from such fire insurance upon property situated in the village, in accordance with the provisions of, and to the full extent authorized by, said provisions of the Illinois Municipal Code.

(Code 1993, § 6-10.3.1; Ord. No. 2003-O-35, 5-27-2003)

                    
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