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

This bill allows New Jersey municipalities to waive interest charges on property tax payments that are submitted after the due date. It achieves this by amending state law to give local governments the authority to set specific rules for when interest is forgiven, particularly for taxpayers affected by natural disasters or federal government shutdowns. Under the new provisions, local officials must pass a resolution to grant these waivers, and in cases involving state supervision, the state director must approve the decision. The measure directly impacts homeowners and other property owners who face delays in paying their taxes due to circumstances beyond their control.