Authorizes a transient guest tax for general revenue purposes in University City upon voter approval

HB 2550 proposes allowing University City (a city with 33,000-36,500 residents) to impose a tax on short-term hotel and motel stays, but only if voters approve it. The tax would apply to guests staying 31 days or less per quarter, capped at 8% of the room charge per night, and must be listed separately from other fees. Proceeds would fund general city operations, not specific projects. The bill requires a voter referendum with a specific ballot question, and the tax would only take effect after a majority votes "yes" at an election. (Note: This bill is procedural and requires voter approval before implementation.)