PREPARED BY: Eric Kasik LB 560 DATE PREPARED: February 06, 2025 PHONE: 402-471-0053 Revision: 00 FISCAL NOTE LEGISLATIVE FISCAL ANALYST ESTIMATE ESTIMATE OF FISCAL IMPACT – STATE AGENCIES (See narrative for political subdivision estimates) FY 2025-26 FY 2026-27 EXPENDITURES REVENUE EXPENDITURES REVENUE GENERAL FUNDS CASH FUNDS FEDERAL FUNDS OTHER FUNDS TOTAL FUNDS Any Fiscal Notes received from state agencies and political su bdivisions are attached following the Legislative Fiscal Analyst Estimate. LB560 amends statute in regards to innovative tourism grants currently awarded by the Tourism Commission. I t prioritizes cities or villages with a creative district and authorizes up to $500,000 per year for such grants. The bill changes distribution of grant funds, but requires no additional appropriation. ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE LB: 560 AM: AGENCY/POLT. SUB: Nebraska Tourism Commission REVIEWED BY: Ryan Walton DATE: 1/30/2025 PHONE: (402) 471-4174 COMMENTS: Disagree with Tourism Commission’s assessment of fiscal impact from LB 560. Revenue for the innovated grants from the agency is generated from Lodging Tax revenue the agency collects. The bill prioritizes and awards up to $500,000 of the innovate grants to a city of village with a creative district as described in 82-312. This would not be considered an additional expenditure for the agency, but more of an earmark on where the grant money goes. ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE LB: 560 AM: AGENCY/POLT. SUB: Arts Council REVIEWED BY: Ryan Walton DATE: 1/31/2025 PHONE: (402) 471-4174 COMMENTS: The Arts Council’s assessment of no fiscal impact from LB 560, appears reasonable. Please complete ALL (5) blanks in the first three lines. 2025 LB (1) 560 FISCAL NOTE State Agency OR Political Subdivision Name: (2) Arts Council Prepared by: (3) Mike Markey Date Prepared: (4) 1/28/2025 Phone: (5) 402-595-3941 ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION FY 2025-26 FY 2026-27 EXPENDITURES REVENUE EXPENDITURES REVENUE GENERAL FUNDS CASH FUNDS FEDERAL FUNDS OTHER FUNDS TOTAL FUNDS 0 0 0 0 Explanation of Estimate: LB 560 has no fiscal impact on the Arts Coun cil. The administration of the g rants affected by the bill are administered by the Tourism C ommission, therefore the bill would have no effect on our operations. _____________________________________________________________________________________________________ _ BREAKDOWN BY MAJOR OBJECTS OF EXPENDITURE Personal Services: POSITION TITLE NUMBER OF POSITIONS 25-26 26-27 2025-26 EXPENDITURES 2026-27 EXPENDITURES Benefits………………………………...…… Operating…………………………...………. Travel……………………………………….. Capital outlay…………………...………….. Aid…………………………………………... Capital improvements……………………... TOTAL……………………………… ..... Please complete ALL (5) blanks in the first three lines. 2025 LB (1) 560 FISCAL NOTE State Agency OR Political Subdivision Name: (2) Nebraska Tourism Commission Prepared by: (3) John Ricks Date Prepared: (4) 1/28/2025 Phone: (5) 402-480-5566 ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION FY 2025-26 FY 2026-27 EXPENDITURES REVENUE EXPENDITURES REVENUE GENERAL FUNDS 0 0 0 0 CASH FUNDS 500,000 0 500,000 0 FEDERAL FUNDS 0 0 0 0 OTHER FUNDS 0 0 0 0 TOTAL FUNDS 0 0 0 0 Explanation of Estimate: LB 560 amends statute regarding innovative tourism grants distributed by the Tourism Commission and prioritizes creative districts, allowing up to $500,000 in grants per year. _____________________________________________________________________________________________________ _ BREAKDOWN BY MAJOR OBJECTS OF EXPENDITURE Personal Services: POSITION TITLE NUMBER OF POSITIONS 25-26 26-27 2025-26 EXPENDITURES 2026-27 EXPENDITURES Benefits………………………………...…… Operating…………………………...………. Travel……………………………………….. Capital outlay…………………...………….. Aid…………………………………………... Capital improvements………… …………... TOTAL……………………………… .....