Permits the town of Monroe to impose a hotel and motel tax

This bill authorizes the town of Monroe to implement a new tax on hotel and motel stays, which would directly affect guests staying in these facilities. The tax rate is capped at five percent of the nightly room cost and applies to various lodging types, including bed and breakfasts, but excludes permanent residents who stay for at least ninety consecutive days. Revenue collected from this tax would go into the town's general fund for any lawful purpose, and the law includes specific rules for tax collection, payment deadlines, and legal appeals. The measure is temporary, set to expire and be repealed three years after it takes effect.