Relating to the entitlement of certain municipalities to receive and use tax revenue from certain establishments located near a hotel and convention center project.

SB 529 amends Texas tax law to expand which cities can receive tax revenue from businesses near a specific hotel and convention center project. It directly affects large municipalities (with 130,000+ residents) that qualify under existing provisions. The key change adds a new provision allowing these cities to collect tax revenue generated by certain establishments (like hotels or restaurants) located near the project site. This modifies the existing tax entitlement rules to include these larger cities without changing the project's location or scope. The bill takes effect immediately upon the governor's signature.