This bill amends several sections of the Nebraska Revised Statutes to enhance compliance measures for political subdivisions regarding budget limits, property tax request authority, and annual audits. Key provisions include the requirement for the Auditor of Public Accounts to prepare budget documents that calculate restricted funds authority for governmental units, which must be submitted alongside their budget documents. If a governmental unit is found noncompliant, the State Treasurer is mandated to suspend state aid distribution until compliance is achieved. The bill specifies that if compliance is not reached within six months, the suspended funds will be forfeited and redistributed to other eligible recipients in the county or returned to the Highway Allocation Fund.

Additionally, the bill introduces a provision that if a political subdivision fails to comply within twelve months after receiving notice of noncompliance, it will become ineligible for future state aid distributions. Similar compliance requirements are established for municipalities regarding annual audits, with penalties for failure to comply, including withholding of funds and potential personal liability for municipal authorities. The bill ultimately aims to ensure accountability and adherence to financial regulations among political subdivisions in Nebraska.

Statutes affected:
Introduced: 13-522, 19-2907
Final Reading: 13-522, 13-3407, 19-2907
Slip Law: 13-522, 13-3407, 19-2907