Extends grace periods for rental late charges for certain tenants who receive public assistance payments.

This bill extends the existing 5-business-day grace period for rental late fees to begin only after a tenant receives their monthly public assistance payment. It directly affects tenants receiving Social Security, Supplemental Security Income (SSI), disability benefits, or Work First New Jersey payments. Under the bill, landlords cannot charge late fees before the tenant’s public assistance payment date, and leases must list when these payments are scheduled. The grace period now starts after the public assistance payment is received, not just the rent due date, preventing late fees during the waiting period for benefits. This applies to the same tenant groups currently covered under New Jersey’s rental grace period law.