This bill amends section 13-2603 of the Revised Statutes Supplement, 2025, related to the Convention Center Facility Financing Assistance Act. The primary change involves redefining the term "eligible facility." Specifically, the bill stipulates that beginning with applications for financial assistance received on or after February 1, 2008, an eligible facility will not include any publicly owned sports arena facility with a seating capacity greater than sixteen thousand seats unless it is located in a city of primary class. This adjustment aims to clarify the criteria for state assistance eligibility for convention and meeting center facilities and associated sports arenas.

Additionally, the bill includes a repeal of the original section 13-2603, thereby updating the legal framework governing the financing assistance for convention centers and related facilities. The amendments are intended to streamline the definitions and eligibility requirements, ensuring that the assistance is directed towards facilities that meet specific criteria, particularly in relation to their size and location.

Statutes affected:
Introduced: 13-2603