Revenue

Biochips are tax exempt

Biochips used for genetic and protein analysis of livestock will be exempt from sales tax under a bill passed by the Legislature April 5.

LB830, introduced by Kearney Sen. Galen Hadley, categorizes biochips as an agricultural input, which is not subject to state sales taxes.

The original bill would have applied only to livestock, plants and companion animals raised for commercial purposes. A Hadley amendment later removed the “commercial purposes” language.

Senators passed the bill on a 49-0 vote.

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