Neb. Rev. Stat. §§ 66-1333

Current with changes through the 2024 First Special Legislative Session

Section 66-1333 - Terms, defined

For purposes of the Ethanol Development Act, unless the context otherwise requires:

(1) Agricultural production facility or ethanol facility means a plant or facility related to the processing, marketing, or distribution of any products derived from grain components, coproducts, or byproducts;

(2) Board means the Nebraska Ethanol Board;

(3) Grain means wheat, corn, and grain sorghum;

(4) Name plate design capacity means the original designed capacity of an agricultural production facility. Capacity may be specified as bushels of grain ground or gallons of ethanol produced per year; and

(5) Related parties means any two or more individuals, firms, partnerships, limited liability companies, companies, agencies, associations, or corporations which are members of the same unitary group or are any persons who are considered to be related persons under the Internal Revenue Code.

Neb. Rev. Stat. §§ 66-1333

Laws 1986, LB 1230, § 3; Laws 1989, LB 587, § 3; Laws 1992, LB 754, § 2; R.S.Supp.,1992, § 66-1303; Laws 1993, LB 364, § 4; Laws 1995, LB 377, § 6; Laws 2004, LB 479, § 4; Laws 2017, LB 1, § 1.

Amended by Laws 2017, LB 1,§ 1, eff. 8/24/2017.