(35 ILCS 636/5-60)
Sec. 5-60.
Waiver of franchise fees.
(a) Any municipality shall be deemed to have
waived its right to receive all fees, charges and other
compensation that might accrue to the municipality after the effective date of
this Act, under any franchise agreement, license, or similar agreement,
executed on or before January 1, 1998 with telecommunications retailers if:
(1) the municipality imposes the tax authorized by this Act at a
rate exceeding 5%;
(2) the municipality affirmatively waives such fees; or
(3) the municipality is included in the list described in Section 5-25 of this Act as |
(b) This waiver shall be effective only during the time that either the
infrastructure maintenance fee or the simplified tax authorized under this Act
is subject to being lawfully imposed on the telecommunications retailer,
collected by the municipality or the Department, and paid over to the
municipality.
(c) No portion of this Act shall be construed to have repealed
or amended the prohibition on franchise fees or other charges set forth in
Section 30
of the Telecommunications Infrastructure Maintenance Fee
Act.
(Source: P.A. 92-526, eff. 7-1-02.)
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