Statute 79-1106: Taxation of national banking associations, banks, trust
companies and savings and loan associations; purpose of act.
It is hereby declared to be the intention of the legislature to levy a
tax on national banking associations, banks, trust companies, federally
chartered savings banks and savings and loan associations, which tax shall be
in lieu of ad valorem taxes which
might otherwise be imposed upon the intangible assets of such national
banking associations, banks, trust companies, federally chartered savings
banks and savings and loan associations.
History: L. 1963, ch. 463, § 1;
L. 1996, ch. 270, § 7; July 1.