Text: SF00381 Text: SF00383 Text: SF00300 - SF00399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 15.321 COMMUNITY ECONOMIC 1 2 BETTERMENT RECREATIONAL AND CULTURAL PROGRAM. 1 3 The purpose of the community economic betterment 1 4 recreational and cultural program is to assist communities in 1 5 the development and creation of multipurpose recreational and 1 6 cultural facilities. All provisions of section 15.317 shall 1 7 apply to this program. The department shall use the rating 1 8 factors and criteria in section 15.318 to develop applicable 1 9 rating factors and criteria for the program with the addition 1 10 of rating factors and criteria relating to tourism potential 1 11 and the economic impact of the facility being considered. 1 12 Sec. 2. NEW SECTION. 15.322 COMMUNITY ECONOMIC 1 13 BETTERMENT RECREATIONAL AND CULTURAL PROGRAM ACCOUNT. 1 14 1. A community economic betterment recreational and 1 15 cultural program account is established within the strategic 1 16 investment fund to be used by the department for the community 1 17 economic betterment recreational and cultural program. The 1 18 account shall consist of all appropriations, grants, or gifts 1 19 received by the department specifically for use under section 1 20 15.321 and any moneys allocated to the community economic 1 21 betterment recreational and cultural program account from the 1 22 strategic investment fund. 1 23 2. Payments of interest, repayments of moneys loaned under 1 24 the community economic betterment recreational and cultural 1 25 program, or recaptures of awards shall be deposited into the 1 26 strategic investment fund. 1 27 EXPLANATION 1 28 This bill establishes a community economic betterment 1 29 recreational and cultural program to assist communities in the 1 30 development and creation of multipurpose recreational and 1 31 cultural facilities. The community economic betterment 1 32 program requirements relating to types of assistance, entities 1 33 that may apply for assistance, limitations on the amount of 1 34 assistance, and the amount of time during which an entity must 1 35 utilize the assistance apply to the community economic 2 1 betterment recreational and cultural program. The ratings 2 2 factors and criteria of the community economic betterment 2 3 program also apply to the community economic betterment 2 4 recreational and cultural program with the addition of ratings 2 5 factors and criteria relating to tourism potential and 2 6 economic impact of the facility being considered. 2 7 The bill establishes a community economic betterment 2 8 recreational and cultural program account within the strategic 2 9 investment fund. The bill provides that payments of interest, 2 10 repayments of moneys loaned under the community economic 2 11 betterment recreational and cultural program, or recaptures of 2 12 awards shall be deposited into the strategic investment fund. 2 13 LSB 1574XS 78 2 14 tm/cf/24
Text: SF00381 Text: SF00383 Text: SF00300 - SF00399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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