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

Summary

If enacted, this bill would permit New Jersey municipalities to waive interest on delinquent property tax payments when the payment is delivered after the required due date. This provides local governments with the discretion to relieve interest charges, benefiting homeowners who pay late due to delays beyond their control. The bill does not mandate any action but creates an option for municipalities.