Board of Commissioners of Cook County - Meeting of Finance Committee on 7/15/2015 at 10:00 AM

15-4291

Mon, 30 Jan 2023 17:08:34 GMT

File #: 15-4291
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION PROPOSED AMENDMENTS TO THE COOK COUNTY’S HOME RULE RETAILER’S OCCUPATION AND SERVICE OCCUPATION TAXES WHEREAS, Cook County Board President, Toni Preckwinkle (“President”) and the Cook County Board of Commissioners successfully reduced Cook County’s Retailer Occupation and Service Occupation Taxes (hereinafter referred to as “Sales Tax”) in 2012 and 2013 to address the economic reality at that time and to promote and ensure operational efficiencies and a streamlined County government; and WHEREAS, the Sales Tax reduction implemented by the President and the Cook County Board of Commissioners allowed approximately one and a half billion dollars to remain in the pockets of Cook County taxpayers during the 2011 through 2015 fiscal years; and WHEREAS, the Sales Tax reduction led to a downsized workforce, a reduction in non-essential expenditures, enhanced collaboration resulting in a more streamlined County government, reductions in the County’s Health System operating tax allocation, structured capital improvement plans, and a more efficient government; and
Action: amend
Result: Fail

15-4291

Mon, 30 Jan 2023 17:08:34 GMT

15-4291

Mon, 30 Jan 2023 17:08:35 GMT

15-4292

Mon, 30 Jan 2023 17:08:34 GMT

File #: 15-4292
Ver.: 1
Agenda #:
Type: Ordinance Amendment
Title: PROPOSED ORDINANCE AMENDMENT COOK COUNTY SERVICE OCCUPATION TAX NOW, THEREFORE BE IT ORDAINED, by the President and the Cook County Board of Commissioners that Chapter 74, TAXATION, Article V. - SERVICE OCCUPATION TAX, Sections 74-190 through 74-192 be amended as follows: ARTICLE V. - SERVICE OCCUPATION TAX Sec. 74-190. - Short title. This article shall be known and may be cited as the Cook County Home Rule County Service Occupation Tax Ordinance. Sec. 74-191. - Imposed. As authorized by 55 ILCS 5/5-1007 (home rule county service occupation tax law), a tax is imposed Countywide upon all persons in the County engaged in the business of making sales of service at the rate of one and one-quarter percent (1.25%) through December 31, 2011; one percent (1%) for the period of January 1, 2012 through December 31, 2012;and three-quarters percent (0.75%) through December 31, 2015; and one and three-quarters percent (1.75%) thereafter of the selling price of all tangible personal property transferred by such serviceperson either in the form of tangible personal property or in th
Action: recommend for approval
Result: Pass

15-4292

Mon, 30 Jan 2023 17:08:35 GMT

15-4294

Mon, 30 Jan 2023 17:08:34 GMT

File #: 15-4294
Ver.: 1
Agenda #:
Type: Ordinance Amendment
Title: PROPOSED ORDINANCE AMENDMENT COOK COUNTY RETAILERS’ OCCUPATION TAX NOW, THEREFORE BE IT ORDAINED, by the President and the Cook County Board of Commissioners that Chapter 74, TAXATION, Article IV. - RETAILERS’ OCCUPATION TAX, Sections 74-150 through 74-152 be amended as follows: ARTICLE IV. - RETAILERS' OCCUPATION TAX Sec. 74-150. - Short title. This article shall be known and may be cited as the Cook County Home Rule County Retail Occupation Tax Ordinance. Sec. 74-151. - Imposed. As authorized by 55 ILCS 5/5-1006 (home rule county retailers' occupation tax law), a tax is imposed Countywide upon all persons in the County engaged in the business of selling tangible personal property at retail, at the rate of one and one-quarter percent (1.25%) through December 31, 2011; one percent (1%) for the period of January 1, 2012 through December 31, 2012; and three-quarters percent (0.75%) through December 31, 2015; and one and three-quarters percent (1.75%) thereafter of the gross receipts from such sales made in the course of such business. The tax shall be paid in the manner
Action: recommend for approval
Result: Pass

15-4294

Mon, 30 Jan 2023 17:08:35 GMT