(1) The state historical society strategic initiatives fund is hereby created in the state treasury. The fund consists of money transferred to the fund from the limited gaming fund pursuant to section 44-30-701 (2)(a)(V.5)(A). The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund. (2) Subject to annual appropriation by the general assembly, the state historical society may expend money from the fund for programs and activities that strengthen the society's financial position and expand its impact on the people of the state. (3) (a) On June 30, 2027, the state treasurer shall transfer any unexpended money in the fund to the general fund. (b) This section is repealed, effective July 1, 2027.
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