NJ A2974

Extends the deadline for recipients of homestead rebates, credits, or property tax reimbursements to respond to overpayment notices from 45 days to 90 days before interest accrues

Requires the Director of the Division of Taxation to provide written notice explaining the factual and legal basis for overpayment determinations, how to contest them, and potential interest charges

Allows recipients to request a waiver of repayment when the overpayment occurred without their fault, with the director required to consider whether repayment would be contrary to principles of equity

Distinguishes between overpayments due to administrative error versus those resulting from claimant misrepresentation or withholding of material facts, with different procedures for each

Provides claimants the right to file a formal protest under the State Uniform Tax Procedure Law when accused of misrepresentation, with written notice required before any recovery action