Sec. 489.108. PROGRAMS, SERVICES, AND FUNDS UNDER BANK'S DIRECTION. Notwithstanding any other law, the bank shall perform the duties and functions of the office with respect to the following programs, services, and funds:
(1) the original capital access program established under Section 481.405;
(2) the Texas leverage fund;
(3) the enterprise zone program established under Chapter 2303;
(4) the industrial revenue bond program;
(5) the defense economic readjustment zone program established under Chapter 2310;
(6) the Empowerment Zone and Enterprise Community grant program established under Section 481.025; and
(7) the renewal community program.
Added by Acts 2003, 78th Leg., ch. 814, Sec. 2.01, eff. Sept. 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.09, eff. April 1, 2009.
Acts 2015, 84th Leg., R.S., Ch. 364 (H.B. 2667), Sec. 3, eff. September 1, 2015.
Acts 2021, 87th Leg., R.S., Ch. 1004 (H.B. 3271), Sec. 18, eff. June 18, 2021.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 489 - Texas Economic Development Bank
Subchapter B. Creation and Operation of Bank; Texas Economic Development Bank Fund
Section 489.101. Creation of Bank
Section 489.102. Powers and Duties of Bank
Section 489.104. Allocation of Resources
Section 489.105. Texas Economic Development Bank Fund
Section 489.106. Administration of Fund and Chapter
Section 489.107. Annual Report
Section 489.108. Programs, Services, and Funds Under Bank's Direction