This bill amends the Site and Building Development Act by updating the provisions related to eligible activities and requirements for assistance from the Site and Building Development Fund. Notable insertions include new eligible activities such as grants to political subdivisions and accredited golf associations for constructing golf facilities within metropolitan class cities, as well as the addition of specific requirements for applicants seeking grants for these golf facilities. The bill also clarifies that applicants for certain grants must provide documentation and letters of support from relevant organizations and officials before their applications can be approved.

Additionally, the bill modifies existing provisions regarding matching fund requirements for applicants receiving assistance under the Site and Building Development Fund. It specifies that while most applicants must provide matching funds equal to the assistance received, those applying for grants related to upgrades in ground-based nuclear deterrence are exempt from this requirement. The bill ultimately aims to enhance economic development in Nebraska by broadening the scope of eligible projects and streamlining the application process for various types of assistance.