Nebraska – Sales Tax Exemption for Gold and Currency Effective April 2, 2014

SALT Report 3337 – Nebraska governor Dave Heineman signed LB 867 to provide a sales and use tax exemption for “currency” and “bullion” as defined:

“Bullion means bars, ingots, or commemorative medallions of gold, silver, platinum, or palladium, or a combination of these, for which the value of the metal depends on its content and not the form”

“Currency means a coin or currency made of gold, silver, or other metal or paper which is or has been used as legal tender.”

For Further Information:                                                                                                                 

Final LB867 Signed April 2, 2014

LB 867 Bill History