Provide for a federal funding inventory from each state agency and restrict maintenance-of-effort requirements

LB 662 requires Nebraska state agencies receiving federal funds to submit detailed annual reports to the Department of Administrative Services by September 15 each even-numbered year. The reports must include the total federal funding received, state match requirements, contingency plans for funding cuts, and specific details about each federal agreement. The bill also prohibits state agencies from agreeing to federal "maintenance-of-effort" requirements (like mandatory state spending matches) without prior legislative approval. This directly affects all state agencies that accept federal grants or contracts, aiming to increase transparency and prevent automatic state spending commitments.