LB116

Change provisions of the Convention Center Facility Financing Assistance Act and the Nebraska Visitors Development Act

Complete·3/26/25

Nebraska LB116 amends the Convention Center Facility Financing Assistance Act and the Nebraska Visitors Development Act.

Nebraska LB116 modifies the Convention Center Facility Financing Assistance Act by changing the criteria for state assistance to political subdivisions for eligible facilities. It also amends the Nebraska Visitors Development Act by altering the administration and use of the County Visitors Improvement Fund. The bill introduces new definitions and procedures for applying for state assistance, including public hearings and specific criteria for funding eligibility. Additionally, it establishes the Convention Center Support Fund and outlines its investment and transfer provisions.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

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1
0
Democratic CaucusRepublican Caucus

Roll Call Votes

43 Yea

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2 Nay

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4 Absent

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Calendar

Jan 23, 2025

1:30 PM

Revenue Hearing

Jan 23, 2025

1:30 PM

Hearing

History

Mar 26, 2025

Legislature

Approved by Governor on March 25, 2025

Mar 20, 2025

Legislature

Dispensing of reading at large approved

Mar 20, 2025

Legislature

Passed on Final Reading 43-2-4