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

SB 1756 limits Texas municipalities to using certain tax revenues for only one qualified project, such as a hotel, convention center, or historic hotel renovation. It prohibits municipalities from pledging or committing revenue for additional projects after the first qualified project is selected. The bill includes a grandfather clause allowing municipalities that already committed to multiple hotel projects before January 1, 2025, to maintain those commitments but prevents new pledges for additional projects after that date. This bill directly affects cities and local government corporations seeking to fund tourism infrastructure through tax revenue.