This bill amends the Tax Equity and Educational Opportunities Support Act by updating section 79-1001 of the Reissue Revised Statutes of Nebraska. The amendment includes a new provision that mandates each local school system to budget general fund expenditures for teacher salaries and benefits at a minimum of fifty percent of their total general fund budget for the school fiscal year 2026-27 and each subsequent fiscal year.

Additionally, the bill harmonizes existing provisions and repeals the original section 79-1001. The changes aim to ensure that a significant portion of school funding is allocated towards teacher compensation, thereby supporting educational quality and equity across local school systems in Nebraska.

Statutes affected:
Introduced: 79-1001