(35 ILCS 636/530)
Sec. 530.
Calculation of rates for certain municipalities.
The rate of the Simplified Municipal Telecommunications
Tax for municipalities on the list described in Section 525 of this Act shall
be measured by the sum of the following rates set forth in ordinances enacted
by the municipalities at the rates in effect on the effective date of this Act:
(1) The rate equal to 70% of the rate set forth in 
 such ordinance pursuant to subparagraph 1 of Section 8112 of the Illinois Municipal Code, rounded to the nearest even 0.25% increment; plus


(2) The rate set forth in such ordinance pursuant to

 Section 81117 of the Illinois Municipal Code, rounded to the nearest even 0.25% increment; plus


(3) The rate set forth in such ordinance pursuant to

 Section 20 of the Telecommunications Infrastructure Maintenance Fee Act.


(Source: P.A. 92526, eff. 7102.)
