Authorizes the town of Highlands to impose a hotel and motel tax

This bill authorizes the town of Highlands (in Orange County) to impose a 5% tax on short-term hotel and motel stays, including bed-and-breakfast and tourist facilities. It excludes permanent residents (those staying 90+ consecutive days) and requires the tax to be collected by the town's fiscal officer. All revenue generated would go into the town's general fund for any lawful purpose, and the tax authority expires two years after enactment. The bill does not affect state, federal, or certain nonprofit entities as specified in the law.