Permits municipalities to waive interest on certain delinquent property tax payments delivered after required due date.

Summary

The bill lets local governments choose not to charge interest on certain property tax payments that are made after the required due date. It affects property owners who are late on their taxes and the municipalities that collect those taxes. The goal is to give municipalities flexibility to reduce penalties for taxpayers who catch up on overdue taxes.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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