Prohibit cities of the first class from receiving state aid from the Municipal Equalization Fund

LB 354 prohibits cities of the first class (like Omaha) from receiving state aid from Nebraska's Municipal Equalization Fund. The bill amends the existing law to explicitly exclude these large cities from eligibility, removing them from the formula used to calculate state aid. Under the current system, aid is based on property tax levies and population, but this bill ensures first-class cities receive no aid under this program. The change directly affects the funding of Nebraska's largest municipalities, eliminating a specific source of state revenue for them.