Relating to the authority of certain municipalities to receive certain tax revenue derived from a hotel and convention center project and to pledge certain tax revenue for the payment of obligations related to the project.

SB 1496 allows specific qualifying municipalities to collect and pledge tax revenue generated from hotel and convention center projects to cover related project costs. It applies only to cities meeting one of 16 detailed criteria, such as population size (e.g., cities with 175,000-200,000 residents), location (e.g., bordering Lake Palestine or containing specific facilities like the American Quarter Horse Hall of Fame), or county population characteristics. The bill amends Texas Tax Code Section 351.152 to define which cities can use this revenue stream for convention infrastructure obligations. This is a procedural tax code adjustment, not a new tax or policy change.