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2022 Nebraska Revised Statutes
Chapter 2 - Agriculture
2-2312 - Excise tax; not deducted from loan proceeds.
Universal Citation: NE Code § 2-2312 (2022)
2-2312. Excise tax; not deducted from loan proceeds.
In the case of a pledge or mortgage of wheat as security for a loan under the federal price support program, no excise tax shall be deducted from the proceeds of such loan at the time the loan is made.
Source
- Laws 1955, c. 5, § 12, p. 63;
- Laws 2022, LB805, § 5.
- Effective Date: July 21, 2022
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