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.
Neb. Rev. Stat. § 2-2312
Excise tax; not deducted from loan proceeds
Laws 1955, c. 5, § 12, p. 63; Laws 2022, LB805, § 5.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.