Sec. 152.153. AUTHORITY FOR ECONOMIC DEVELOPMENT PROGRAM. (a) A river authority may sponsor and participate in an economic development program intended to strengthen the economic base and further the economic development of this state.
(b) A determination by the board of directors of a river authority that an economic development program is intended and expected to accomplish the program's stated purposes is conclusive with respect to whether the program serves the purposes of this subchapter.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 5 - Special Law Districts
Chapter 152 - River Authorities Engaged in Distribution and Sale of Electric Energy
Subchapter D. Economic Development Programs
Section 152.152. Applicability
Section 152.153. Authority for Economic Development Program
Section 152.155. Establishment of Program
Section 152.156. Participation in Program by Person Other Than River Authority
Section 152.157. Staffing and Funding of Program
Section 152.159. Guidelines for Assistance to Public Fire-Fighting Organizations
Section 152.160. Receipt of Electric Service as Condition for Participation in Program