| Formal Name: | Board See Neb. Rev. Stat. 13-2603(2) |
| Contact Person: | George Kilpatrick, Attorney, Nebraska Department of Revenue 301 Centennial Mall South, Lincoln, NE 68509 402-471-6024 |
| Purpose: | To approve or deny state assistance under the Convention Center Facility Financing Assistance Act (Act). |
| How Many Affectable: | Any political subdivision in the State of Nebraska that had acquired, constructed, or passed a general obligation bond to construct an eligible convention center or sports arena could have applied to the board for assistance prior to December 31, 2012. |
| How Many Served: | There were two beneficiaries. |
| Year Created: | The Board was created by LB 382 (1999). |
| Year Active: | 2000 |
| Sunset Date: | December 31, 2012. |
| Authorization Citation: | Neb. Rev. Stat. 13-2603, The Board reviewed applications submitted under 13-2605, held public hearings, and approved the request for state assistance under the Act if the facility described in the application is an eligible facility and if state assista |
| Parent Agency: | Nebraska Department of Revenue |
| Number Of Members: | Five. |
| Who Appoints: | The Board consisted of the Governor, the State Treasurer, the chairperson of the Nebraska Investment Council, the chairperson of the Nebraska State Board of Public Accountancy, and a professor of economics on the faculty of a state postsecondary education |
| Legislative Approval: | No. |
| Qualifications Of Members: | See above. Four members qualified based on holding other offices. The fifth must be an economics professor. |
| Per Diem: | None. |
| Expense Reimbursement: | None. |
| Term Length: | The professor of economics was appointed to a two-year term. The other terms are indefinite. |
| Terms Rotate or Expire At Once: | Terms Rotate |
| Required FY 13-14: | The Board met at the request of the Governor. There were two meetings. |
| Held FY 13-14: | The Board met at the request of the Governor. There were two meetings. |
| Required FY 14-15: | The Board met at the request of the Governor. There were two meetings. |
| Held FY 14-15: | The Board met at the request of the Governor. There were two meetings. |
| Required FY 15-16: | The Board met at the request of the Governor. There were two meetings. |
| Held FY 15-16: | The Board met at the request of the Governor. There were two meetings. |
| Support Staff: | For administrative and budget purposes only, the Board was considered part of the Nebraska Department of Revenue. |
| Shared or Separate: | Shared. |
| FY 13-14 Budget: | $0 |
| FY 14-15 Budget: | $0 |
| FY 15-16 Budget: | $0 |
| Other Funding Sources: | None. |
| Spending Authority: | None. |
| Since July 1, 2012: | The last meeting of the Board was on October 26, 2012, at which time the Board approved state assistance for the City of Lincoln with respect to the financing of the Pinnacle Bank Arena. Under Neb. Rev. Stat. 13-2612, there can be no more applications and hence there can be no more meetings of the Board. |