(1) The fees and charges collected by the Kentucky Boxing and Wrestling Commission shall be paid into the State Treasury and credited to a separate revolving or trust and agency fund account established for the purpose of administrating this chapter. The cost and expenses of administering this chapter, including compensation to members of the commission, its officers, and employees shall be paid out of the State Treasury upon warrants of the secretary of the Finance and Administration Cabinet according to law. The total expense of administering this chapter shall not exceed the fees and other charges collected by the commission and available in the revolving or trust and agency fund account. (2) All fees and charges collected by the Kentucky Boxing and Wrestling Commission shall be available for the administration of this chapter, and for no other purpose.
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