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Excise tax; not deducted from loan proceeds.

Neb. Rev. Stat. § 2-2312
in effect
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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. Laws 1955, c. 5, § 12, p. 63; Laws 2022, LB805, § 5.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=2-2312Fetched: 10/20/2026

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