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

LB 116 amends definitions in Nebraska's Convention Center Facility Financing Assistance Act and Nebraska Visitors Development Act to clarify eligibility for state funding. It specifies that "associated hotels" and "nearby retailers" must be within 600 yards of a convention center (with special rules if near the State Capitol), and excludes new sports arenas with over 16,000 seats from becoming "eligible facilities" for state assistance. The bill also adjusts funding limits, capping total state assistance at $150 million per project, with modified rules for facilities near the State Capitol. These changes directly affect local governments seeking state financial support for convention center development or related infrastructure.