55 ILCS 5/5-1055.5

Current through Public Act 103-1052
Section 55 ILCS 5/5-1055.5 - Sharing use and occupation tax receipts

A county with a population between 180,000 and 200,000 may, but shall not be required to, enter into an intergovernmental agreement and by that agreement transfer to a home rule municipality that is located within the county a share of use and occupation tax receipts generated by the county. A county with a population between 180,000 and 200,000 may, but shall not be required to, enter into an intergovernmental agreement and by that agreement receive from a home rule municipality located in that county a share of use and occupation tax receipts generated by the home rule municipality.

55 ILCS 5/5-1055.5

P.A. 90-703, eff. 8/7/1998.