Allows municipalities to relieve property owners of penalties due to lack of payment if such property owner was a victim of property tax fraud

This bill allows local tax authorities to waive interest and penalties for property owners who were victims of property tax fraud. To qualify, owners must prove they were defrauded, such as through check fraud or mail theft, by submitting documents like affidavits, bank records, or police reports. The relief is limited to the time period the taxes were overdue due to the fraud and cannot exceed one year. Additionally, if the waived funds would have gone to another local government entity, that entity must agree to the cancellation. The law takes effect immediately upon passage.