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2020 Nebraska Revised Statutes
Chapter 2 - Agriculture
2-4112 Excise tax; deduct from loan proceeds.
Universal Citation: NE Code § 2-4112 (2020)
2-4112. Excise tax; deduct from loan proceeds.
In the case of a pledge or mortgage of dry peas and lentils as security for a loan under the federal price support program, the tax shall be deducted from the proceeds of such loan at the time the loan is made.
Source
- Laws 2020, LB803, ยง 12.
- Effective Date: November 14, 2020
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