Authorizes the town of Montgomery to impose a hotel and motel tax; and providing for the repeal of such provisions upon expiration thereof

This bill authorizes the town of Montgomery to impose a 5% tax on hotel, motel, and bed-and-breakfast room rentals, excluding permanent residents (those staying 90+ consecutive days). The tax would be collected by the hotel or motel owner from guests and paid to the town’s chief fiscal officer, with revenues deposited into the town’s general fund for any lawful purpose. Certain entities, including the state government, non-profits, and the U.S. federal government, are exempt from the tax. The tax would expire automatically two years after the bill’s effective date.