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 governmental units to submit calculated restricted funds authority with their budget documents, and the Auditor of Public Accounts is tasked with notifying the State Treasurer of any noncompliance. If a governmental unit fails to comply, the State Treasurer will suspend the distribution of state aid for six months, with forfeited funds being redistributed to other recipients in the county or returned to the Highway Allocation Fund if no eligible recipient exists.

Additionally, the bill introduces a twelve-month compliance deadline for governmental units that fail to meet audit requirements or property tax request authority submissions. If compliance is not achieved within this timeframe, the unit will be ineligible for future state aid distributions until compliance is reached. The bill also outlines the process for residents to demand audits and the consequences for municipal authorities who neglect their auditing responsibilities. Overall, the legislation aims to ensure accountability and proper financial management 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