Division 55 - Tax on Coin Operated Devices - Illinois Statutes

      (65 ILCS 5/Art. 11 Div. 55 heading)DIVISION 55. TAX ON COIN OPERATED DEVICES

(65 ILCS 5/11‑55‑1) (from Ch. 24, par. 11‑55‑1)     Sec. 11‑55‑1. The right to tax the games or devices described in "An Act to provide for the taxation and licensing of certain coin‑operated amusement devices and to prescribe penalties for the violation thereof", approved July 7, 1953, as heretofore and hereafter amended, is not exclusive with the State of Illinois, but municipalities of the State of Illinois may impose taxes or license fees on such games and devices as described in said Act of 1953 and may regulate or control the operation of the same within such municipalities. (Source: Laws 1961, p. 576.)

    (65 ILCS 5/11‑55‑2)(from Ch. 24, par. 11‑55‑2)
    Sec. 11‑55‑2. No municipality with a population of less than 1,000,000, including a home rule unit, may increase the fee for a license to own or operate a vending machine or to dispense goods or services therefrom unless notice of a public hearing on the matter has been given and such hearing has been held. The amount of the increase annually shall not exceed the greater of (i) $25, (ii) the amount of the fee multiplied by 5%, or (iii) the amount of the fee multiplied by the percentage increase in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor during the 12‑month calendar year preceding the year in which the fee is increased. Notice of the proposed increase shall be mailed at least 30 days before the hearing to the last known address of each person currently holding such a license. It is declared to be the law of this State, pursuant to paragraph (g) of Section 6 of Article VII of the Illinois Constitution, that this Section is a denial of the power of certain home rule units to increase vending machine license fees without complying with the requirements of this Section.
(Source: P.A. 94‑967, eff. 6‑30‑06.)