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Lawmakers seek guardrails for Good Life Districts after disputed approvals and pending projects
Summary
Senators proposed amendments to clarify how Good Life Districts are approved, financed and expanded after several projects advanced with limited guidance. The changes aim to require MOUs, evidence of land control and financial viability, and to prohibit eminent domain for district assembly.
Senator Brad Von Gillern and others told the Revenue Committee that LB707, with AM615, and companion measures are intended to fix ambiguities that emerged after the Good Life District program was enacted. "The Good Life District program encourages transformational developments," Von Gillern said in opening remarks, but implementation raised questions about land control, the use of tax-exempt public entities, expansion authority, and when a district could be rescinded.
The amendment package presented several solutions: require a memorandum of understanding between an awardee and the municipality that documents how the local collections will be used and administered; require that land inside a proposed district be owned or under contract by the applicant; require applicants to submit evidence of financial viability (capital stack, letters of intent); change automatic expansion language so the Department of Economic Development…
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