Amend SB 1756 (senate committee printing) as follows:

(1)  In SECTION 1 of the bill, in added Section 351.1015(m), Tax Code (page 1, line 29), after the underlined period, add "This subsection may not be construed to prohibit a municipality from pledging or committing revenue under this section for a subsequent qualified project that is authorized by an act of the legislature that becomes law on or after January 1, 2026."

(2)  In SECTION 2 of the bill, in added Section 351.102(a-1), Tax Code (page 1, line 32), between "municipality" and "may", insert "with a population of more than 1.5 million".

(3)  In SECTION 2 of the bill, in added Section 351.102(a-1), Tax Code (page 1, line 39), after the underlined period, add "This subsection may not be construed to prohibit a municipality with a population of more than 1.5 million from pledging or committing revenue under Subsection (a) for the payment of principal of or interest on bonds or other obligations for the acquisition, construction, remodeling, or rehabilitation of a historic hotel structure if the pledge or commitment of revenue for that purpose is authorized by an act of the legislature that becomes law on or after January 1, 2026."

(4)  In SECTION 2 of the bill, in added Section 351.102(b-1), Tax Code (page 1, line 45), after the underlined period, add "This subsection may not be construed to prohibit a municipality from pledging or committing revenue under Subsection (b) for a subsequent hotel project that is authorized by an act of the legislature that becomes law on or after January 1, 2026."

(5)  In SECTION 2 of the bill, in added Section 351.102(b-2), Tax Code (page 1, line 51), between "project" and the underlined period, insert "unless that hotel project is authorized by an act of the legislature that becomes law on or after January 1, 2026"

(6)  In SECTION 3 of the bill, in added Section 351.1021(f), Tax Code (page 2, line 2), after the underlined period, add "This subsection may not be construed to prohibit a municipality from pledging or committing revenue under this section for a subsequent multipurpose convention center facility project that is authorized by an act of the legislature that becomes law on or after January 1, 2026."

(7)  In SECTION 4 of the bill, in added Section 351.1022(f), Tax Code (page 2, line 9), after the underlined period, add "This subsection may not be construed to prohibit a municipality from pledging or committing revenue under this section for a subsequent hotel project that is authorized by an act of the legislature that becomes law on or after January 1, 2026."

(8)  In SECTION 5 of the bill, in added Section 351.106(d), Tax Code (page 2, line 18), after the underlined period, add "This subsection may not be construed to prohibit a municipality from pledging or committing revenue under this section for a qualified project that is authorized by an act of the legislature that becomes law on or after January 1, 2026."

(9)  In SECTION 7 of the bill, providing transition language (page 2, lines 22 and 23), strike "or committed under Subchapter B or C, Chapter 351, Tax Code" and substitute ", committed, or authorized by a municipality under Subchapter B or C, Chapter 351, Tax Code, including an obligation relating to a qualified project under Section 351.1015 of that code".

(10)  Strike SECTION 8 of the bill, providing the effective date (page 2, lines 29 through 33), and substitute the following:

SECTION 8.  This Act takes effect January 1, 2026.

(11)  Add the following appropriately numbered SECTION to the bill and renumber the subsequent SECTIONS of the bill accordingly:

SECTION ____.  Section 351.155(c), Tax Code, is amended to read as follows:

(c)  A municipality may pledge or commit revenue under this section for only one qualified project. After a municipality pledges or commits revenue under this section for a qualified project, the municipality may not ever again pledge or commit revenue for a qualified project. This subsection may not be construed to prohibit a municipality from pledging or committing revenue under this section for a qualified project that is authorized by an act of the legislature that becomes law on or after January 1, 2026.