This legislative bill amends various sections of the Nebraska Revised Statutes to enhance the Convention Center Facility Financing Assistance Act and the Nebraska Visitors Development Act. It introduces new definitions, such as "Applicant," referring to the political subdivision seeking assistance, and "Maximum aggregate appropriation," which establishes a cap of $150 million for approved projects. The bill clarifies criteria for identifying associated hotels and nearby retailers in relation to eligible facilities, particularly those near the State Capitol. It also specifies that state assistance can be utilized for capital improvements and the acquisition of nearby parking facilities, while outlining the application process for political subdivisions, which includes detailed documentation and a certified copy of the governing body's approval.

Additionally, the bill allows cities of the primary class to allocate up to ten percent of certain appropriated funds for investment in qualified low-income housing projects or in areas with high poverty concentrations if no such projects are available. It establishes guidelines for the County Visitors Improvement Fund, permitting counties to use the fund for expanding, improving, and maintaining visitor attractions and facilities, with restrictions on using funds for parimutuel wagering facilities unless they also host state or county fairs. Key insertions include definitions of visitor attractions and the provision that grants can be made for maintenance, alongside expansion and improvement.

Statutes affected:
Introduced: 13-2603, 13-2604, 13-2605, 13-2606, 13-2607, 13-2610, 81-3717, 81-3720
Final Reading: 13-2603, 13-2604, 13-2605, 13-2610, 81-3717, 81-3720