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Excise tax; deduct from loan proceeds.

Neb. Rev. Stat. § 2-4112
in effect
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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. Laws 2020, LB803, § 12.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=2-4112Fetched: 10/20/2026

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