Change provisions relating to certain notices under the Community Development Law

LB 1113 amends Nebraska's Community Development Law to update how property tax notices are handled for redevelopment projects. It requires redevelopment authorities to send annual tax division notices to county assessors by July 1, failing which taxes remain undivided. The bill changes tax allocation: part goes to public bodies based on standard tax collection, part funds redevelopment bonds (paid into a special authority fund), and interest penalties follow standard tax distribution. This directly affects property owners in redevelopment zones, county assessors, and cities managing redevelopment projects, ensuring clearer tax division procedures and timely notice requirements.