77-2101 Terms, defined. - Nebraska Statutes

77-2101. Terms, defined.For purposes of sections 77-2101 to 77-2116:(1) Estate tax means the tax due to the state under section 77-2101.01;(2) Generation-skipping transfer tax means the tax due to the state under section 77-2101.02;(3) Nebraska taxable estate means the federal taxable estate, as determined under Chapter 11 of the Internal Revenue Code, minus one million dollars;(4) Nebraska taxable transfer means the federal taxable transfer, as determined under Chapter 13 of the Internal Revenue Code, minus one million dollars; and(5) Transfer tax means the estate tax and generation-skipping transfer tax. SourceLaws 1992, LB 1004, § 5; Laws 1995, LB 574, § 67; Laws 2002, LB 905, § 1.