An Act amending Title 53 (Municipalities Generally) of the Pennsylvania Consolidated Statutes, in general provisions relating to taxation and assessments, further providing for abatement of certain interest and penalty.

HB 855 amends Pennsylvania's municipal tax laws to allow local governments to waive certain interest and penalties for late payments of property taxes or assessments. It directly affects property owners who fall behind on municipal tax payments by providing municipalities with clearer authority to reduce financial penalties. The bill's key provision establishes specific procedures for municipalities to approve these waivers without requiring additional state approval. This change aims to simplify debt resolution for taxpayers while giving local governments more flexibility in managing collections. The bill remains pending in the Finance Committee as of October 2025.