A bill proposed by Sen. Teresa Ibach would put a clock on approvals for sports complexes seeking tax incentives from the state.
LB1116 requires the Sports Arena Facility Financing Assistance Act Board to make a determination on a project within 30 days of holding a public hearing. If the board fails to make a determination in that 30-day period, then the project would be automatically approved.
The bill is borne out of frustration at the lack of approvals under the act. Over the past 14 months, the board has failed to vote on nine different projects, ranging from large sports complexes in Lincoln and Omaha to smaller recreation facilities in Valentine and West Point…