Extends grace periods for rental late charges for certain tenants who receive public assistance payments.

This bill (A1944) extends New Jersey's existing 5-business-day grace period for rental late fees to apply specifically to tenants receiving public assistance payments. It requires landlords to wait until after a tenant receives their monthly public assistance payment (e.g., Social Security, disability benefits, or Work First NJ) before counting the grace period toward late fees. For example, if rent is due on the 1st but assistance arrives on the 10th, late fees cannot apply until 5 business days after the 10th. The bill also mandates that leases must specify when tenants receive public assistance payments each month. It applies to all qualifying tenants, not just those with rent due on the 1st, and takes effect 90 days after enactment.