LINCOLN- LB692 or the Good Life Transformational Projects Act is a proposed 1,000-acre expansion of the existing Nebraska Crossings outlet mall in Gretna. The goal is to rival the Kansas City "The Legends" entertainment complex that brings in over 15 million visitors per year. “This could change Nebraska’s image as a fly-over state,” Gretna Mayor Mike Evans told the Legislature’s Revenue Committee.
The bill itself would help finance such huge developments by devoting up to half of the state’s 5.5-cent sales tax revenue in the district for development expenses. Similar legislation helped develop the Legends area in Kansas City. The area includes 75 outlet stores along with waterparks, professional sports stadiums, the Kansas Speedway, and much more.
Under the bill, the state would devote up to half of the state sales taxes generated by Nebraska Crossing and the new “Good Life” district toward the costs of the expansion. The state benefits would extend for 25 years. The bills sponsor, Senator Linehan, said, "This legitimately could be a game changer."
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