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

Summary

This bill allows local municipalities in New Jersey to waive interest charges on late property tax payments. It gives towns the flexibility to forgive penalties for property owners who miss the due date under certain circumstances. This matters because it provides financial relief to taxpayers while giving local governments discretion in handling delinquent payments.

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

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