NE LB1116

Extends state funding duration for sports complexes in second class cities or villages from five years to ten years

Requires the board to hold public hearings within thirty days after completing its application review, and mandates approval decisions within thirty days after the hearing

Changes the application approval standard so applications are approved unless the board finds the project ineligible or not in the state's best interest, reversing the previous requirement that the board affirmatively find eligibility

Removes the requirement that the Governor must be among the majority voting to approve board actions

Makes the board's consideration of an applicant's fiscal and economic capacity discretionary rather than mandatory when determining if state assistance is in the state's best interest

Declares an emergency, making the act effective immediately upon passage and approval