Statute 77 2704 45

77-2704.45. Ingredient or component parts; exemption.Sales and use taxes shall not be imposed on the gross receipts from the sale, lease, or rental of and the storage, use, or other consumption in this state of:(1) Property which will enter into and become an ingredient or component part of property manufactured, processed, or fabricated for ultimate sale at retail; or(2) A service listed in subsection (4) of section 77-2701.16 which will become an ingredient or component part of a service listed in subsection (4) of section 77-2701.16 for ultimate sale at retail.Source Laws 2003, LB 282, § 60; Laws 2003, LB 759, § 19; Laws 2008, LB916, § 19.