A3896 — Caps interest rate for redemption of tax lien at nine percent per year.

A3896 — Caps interest rate for redemption of tax lien at nine percent per year. · Informed CitizenryThis bill amends R.S.54:5-32 to change the maximum interest rate for the redemption of a tax lien. The bill proposes to cap the interest rate at nine percent per year, reducing it from the current…Open in Informed Citizenry