Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects.

SB 1518 allows certain Texas municipalities to use hotel and convention tax revenue for hotel and convention center projects without restrictions that currently apply to smaller cities. It specifically exempts cities with populations of 175,000 or more, and cities described in Tax Code Section 351.152(10), from existing limitations on how this tax revenue can be spent. The bill amends the Tax Code to remove these restrictions, giving eligible cities more flexibility to fund such projects. This change directly affects large cities like Houston and San Antonio, and other designated municipalities, by expanding their options for economic development financing.