Change calculation of the base limitation for political subdivision budgets

This bill proposes to update the legal definition of the "base limitation," which sets the maximum annual budget increase allowed for Nebraska school districts and other local government entities. The key change is to exclude restricted funds designated for public safety services from this calculation, while maintaining the existing base rate of 2.5 percent for most entities and specific lower rates for recent school years. Additionally, the bill retains the current authority for the Legislature to adjust these limits annually based on changes in the prices of services and products used by these organizations. Although the bill was introduced to modify budget rules, it was ultimately postponed during the legislative session and did not become law.