Sec. 3001.107. ECONOMIC DEVELOPMENT. (a) The district may encourage state economic development as provided by this chapter, including making a loan or grant of public money for the purposes of this chapter. (b) The district may encourage the economic development of the district by: (1) fostering the growth of enterprises based on certain types of agriculture; (2) stimulating innovation in certain agricultural enterprises; (3) seeking to eliminate unemployment or underemployment in the state; and (4) developing or expanding transportation resources. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.