Exempts creditor from paying municipal property registration fee if property is subject to automatic stay under federal Bankruptcy Code.

This bill exempts creditors from paying municipal property registration fees when a property is under an automatic stay in federal bankruptcy proceedings. It directly affects creditors involved in foreclosure cases that enter bankruptcy, removing a fee obligation during the bankruptcy process. The key provision amends existing law to create this exemption, ensuring creditors aren't charged fees for properties protected under federal bankruptcy law. The change applies to fees imposed by municipalities under their property registration programs for foreclosure properties. This is a specific policy adjustment to align municipal fees with federal bankruptcy protections.