Share to Facebook Share to Twitter Bookmark and Share
File #: 16-1374    Version: Name: PARKING LOT AND GARAGE OPERATIONS TAX (Tax imposed; Maintenance of records)
Type: Ordinance Amendment Status: Approved
File created: 1/26/2016 In control: Finance Committee
On agenda: 4/13/2016 Final action: 5/11/2016
Title: PROPOSED SUBSTITUTE TO FILE 16-1374 Sponsored by: TONI PRECKWINKLE, President, Cook County Board of Commissioners PROPOSED ORDINANCE AMENDMENT PARKING LOT AND GARAGE OPERATIONS TAX NOW THEREFORE BE IT ORDAINED, by the Cook County Board of Commissioners that Chapter 74 - Taxation, Article XIII. Parking Lot and Garage Operations Tax, Sections 74-512 and 74-514 be amended as follows: ARTICLE XIII. - PARKING LOT AND GARAGE OPERATIONS TAX Sec. 74-512. - Tax imposed. (a) A tax is imposed upon the use and privilege of parking a motor vehicle in or upon any parking lot or garage in the County. The tax shall be collected by operators and valet parking operators, as described in this Article, from any person who seeks the privilege of occupying space in or upon any parking lot or garage. (b) Valet Parking Operators are required to collect and remit the tax imposed by this Article, for each motor vehicle parked at a Parking Lot or Garage, as described in this Article;...
Sponsors: TONI PRECKWINKLE (President)
title
PROPOSED SUBSTITUTE TO FILE 16-1374

Sponsored by: TONI PRECKWINKLE, President, Cook County Board of Commissioners

PROPOSED ORDINANCE AMENDMENT

PARKING LOT AND GARAGE OPERATIONS TAX

NOW THEREFORE BE IT ORDAINED, by the Cook County Board of Commissioners that Chapter 74 - Taxation, Article XIII. Parking Lot and Garage Operations Tax, Sections 74-512 and 74-514 be amended as follows:

ARTICLE XIII. - PARKING LOT AND GARAGE OPERATIONS TAX
Sec. 74-512. - Tax imposed.
(a) A tax is imposed upon the use and privilege of parking a motor vehicle in or upon any parking lot or garage in the County. The tax shall be collected by operators and valet parking operators, as described in this Article, from any person who seeks the privilege of occupying space in or upon any parking lot or garage.
(b) Valet Parking Operators are required to collect and remit the tax imposed by this Article, for each motor vehicle parked at a Parking Lot or Garage, as described in this Article; however, if the valet parking operator has a written agreement with a parking lot or garage operator that designates an amount of consideration paid by the valet parking operator which the parking lot or garage operator remits to the Department as parking lot and garage operations tax, or proof of such tax being paid to the parking lot or garage operator, the valet parking operator may take a credit for the amount remitted by the parking lot or garage operator. The valet parking business shall have the burden of proving its entitlement to this credit with books, records and other documentary evidence. the valet parking operator is not required to collect or remit the tax if the Valet Parking Operator pays the tax to the Operator, who shall remit the tax to the Department.
(c) Tax rates through August 31, 2013.
(1) The following tax rates imposed upon the use and privilege of parking a motor vehicle in or upon parking lots or garages, except for parking lots and garages in ...

Click here for full text