39-2933. State and local taxation; exemption.
42 words·~1 min read·
/ne/chapter-39/39-2933A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An obligation that is issued under the Infrastructure Development Investment Program Act, the transfer of such obligation, and the income from such issuance and transfer, including the profit from the sale of such obligation, shall be exempt from state and local taxation.