The 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, including "Applicant," which refers 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 associated hotels and nearby retailers, particularly those within six hundred yards of the State Capitol, and specifies that state assistance can be utilized for capital improvements and the acquisition of nearby parking facilities. Additionally, it outlines the application process for political subdivisions, requiring detailed documentation and maps, and establishes the Convention Center Support Fund to provide appropriations for projects, particularly in areas with high poverty concentrations.

Moreover, the bill modifies the administration of the County Visitors Improvement Fund, allowing counties to use the fund for enhancing visitor attractions and facilities. It introduces provisions for grants to public or nonprofit organizations for visitor attractions, with specific terms for funding and securing bonds. The definition of "visitor attraction" is clarified to encompass locations of educational, cultural, historical, artistic, or recreational significance. The legislation also repeals certain sections of the Revised Statutes to streamline the legal framework governing these funds and their usage, while ensuring that municipalities receiving grants under the Civic and Community Center Financing Act are ineligible for state assistance under the Convention Center Facility Financing Assistance Act.

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
Slip Law: 13-2603, 13-2604, 13-2605, 13-2610, 81-3717, 81-3720