Clarifies notice required to be provided to property taxpayers of a change in interest rate on delinquent property taxes under certain emergency circumstances; permits municipality to extend grace period under certain emergency circumstances.

This New Jersey bill (A455) allows municipalities to extend the 10-day interest-free grace period for property tax payments during specific emergencies. It directly affects property taxpayers who fall behind on payments during public health emergencies (declared by the Governor), natural disasters (like floods or hurricanes), or federal government shutdowns. The bill requires towns to notify all taxpayers about extended grace periods using methods like mail, email, or text, and to report these changes to the state within three business days. It clarifies that interest won’t accrue if payments are made by the new deadline, while maintaining the existing 8% interest rate cap on delinquent taxes.