Sec. 3840.106. ECONOMIC DEVELOPMENT PROGRAMS. (a) The district may establish and provide for the administration of one or more programs to promote state or local economic development and to stimulate business and commercial activity in the district, including programs to:
(1) make loans and grants of public money; and
(2) provide district personnel and services.
(b) For purposes of this section, the district has all of the powers of a municipality under Chapter 380, Local Government Code.
Added by Acts 2007, 80th Leg., R.S., Ch. 1344 (S.B. 1984), Sec. 1, eff. June 15, 2007.
Section: Previous 3840.054 3840.055 3840.101 3840.102 3840.103 3840.104 3840.105 3840.106 3840.107 3840.108 3840.151 3840.152 3840.153 3840.154 3840.155 NextLast modified: September 28, 2016