This bill, if enacted, would allow municipalities to offer tax amnesty for two separate sixty-day periods during fiscal years 2024 or 2025. The tax amnesty would waive interest and penalties on overdue tangible tax payments and motor vehicle tax payments. Taxpayers would need to submit a written request for the waiver of interest and penalties within the designated waiver periods. If a taxpayer receives an adverse decision from the tax assessor or collector, they would have ten days to pay the interest and penalties and file a claim for reimbursement with the city or town council. However, waivers of interest and penalties would not be granted for taxes owed for the tax year during which the amnesty periods are offered. This bill would take effect upon passage.