Senate Sponsors: CLAYBORNE. Short description: MUNI CD-TAXES Synopsis of Bill as introduced: Amends the Illinois Municipal Code. Provides that a municipality, under its home rule authority, may impose a tax on the retail sale of tangible personal property based on the selling price, not to exceed the rate of 1% of that selling price, within a Business District. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status