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(16) Bonds issued under the Innovation Development and Economy Act, except as may be required by Section 35 of that Act. (17) Bonds issued under the Statewide Innovation Development and Economy Act, except as may be required by Section 5-60 of that Act. (Source: P.A. 102-587, eff. 1-1-22; 103-605, eff. 7-1-24.) (65 ILCS 5/8-11-1) (from Ch. 24, par. 8-11-1) Sec. 8-11-1. Home Rule Municipal Retailers' Occupation Tax Act. The corporate authorities of a home rule municipality may impose a tax upon all persons engaged in the business of selling tangible personal property, other than an item of tangible personal property titled or registered with an agency of this State's government, at retail in the municipality on the gross receipts from these sales made in the course of such business. If imposed, the tax shall only be imposed in 1/4% increments. On and after September 1, 1991, this additional tax may not be imposed on tangible personal property taxed at the 1% rate under the Retailers' Occupation Tax Act (or at the 0% rate imposed under this amendatory Act of the 102nd General Assembly). Beginning December 1, 2019, this tax is not imposed on sales of aviation fuel unless the tax revenue is expended for airport-related purposes. If a municipality does not have an airport-related purpose to which it dedicates aviation fuel tax revenue, then aviation fuel is excluded from the tax. Each SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468