Bill > LB116

This bill modifies two key pieces of legislation: the Convention Center Facility Financing Assistance Act and the Nebraska Visitors Development Act. The bill updates definitions and provisions related to state assistance for convention centers and visitor attractions. Specifically, it clarifies what constitutes an "eligible facility" for state funding, expands the definition of associated hotels and nearby retailers, and establishes a maximum aggregate appropriation of $150 million for approved projects. For county visitor funds, the bill broadens the scope of how funds can be used, allowing not just improvement but also maintenance of visitor attractions. The bill also provides more detailed guidelines for how counties can establish visitors committees and use funds to support local tourism infrastructure. The changes aim to provide more flexibility for political subdivisions in developing and maintaining convention centers, sports arenas, and tourist facilities, while establishing clearer parameters for state financial assistance. Key modifications include allowing more diverse uses of funds, expanding geographic considerations for related businesses, and providing more structured oversight of fund allocation and usage.

Budget and Finance

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59232