Places a permanent moratorium on unfunded mandates

This bill places a permanent ban on state laws that require local governments (such as counties, cities, school districts, and towns) to implement new programs or services without providing funding, if the cost exceeds $10,000 annually for a single local government or $1 million statewide. It defines "unfunded mandates" to include new requirements that raise costs for local governments beyond these thresholds, regardless of whether the mandate is for new services, higher service levels, or property tax exemptions. The ban includes exceptions for court orders, federal mandates, or situations involving immediate public safety threats. The law takes effect immediately for new legislation, though it does not affect existing mandates.