A1117

Clarifies notice requirements for interest rate changes on delinquent property taxes during emergencies; allows grace period extensions.

Clarifies the notice requirements for changes in interest rates on delinquent property taxes during emergencies, including public health emergencies and federal government shutdowns. Permits municipalities to extend the grace period for property tax payments without accruing interest during such emergencies. Requires municipalities to notify taxpayers of any changes in interest rates or grace periods. The bill also allows municipalities to extend the grace period up to 30 days during a public health emergency declared by the Governor.