Nebraska Statutes 13-3309. Inland port authority; bonds; exempt from taxes and assessments; exception
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No inland port authority shall be required to pay any taxes or any assessments whatsoever to the State of Nebraska or to any political subdivision of the state, except for assessments under the Nebraska Workers’ Compensation Act and any combined tax due or payments in lieu of contributions as required under the Employment Security Law. The bonds of every inland port authority and the income therefrom shall, at all times, be exempt from any taxes and any assessments, except for inheritance and gift taxes and taxes on transfers.
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Terms Used In Nebraska Statutes 13-3309
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801