1. There is hereby created in the State Treasury a Fund for New Construction of Facilities for Prison Industries as a capital projects fund. The Director shall deposit in the Fund the deductions made pursuant to subparagraph (3) of paragraph (a) of subsection 3 or subparagraph (2) of paragraph (a) of subsection 4 of NRS 209.463 . The money in the Fund must only be expended: (a) To house new industries or expand existing industries in the industrial program to provide additional employment of offenders; (b) To relocate, expand, upgrade or modify an existing industry in the industrial program to enhance or improve operations or security or to provide additional employment or training of offenders; (c) To purchase or lease equipment to be used for the training of offenders or in the operations of prison industries; (d) To pay or fund the operations of prison industries, including, without limitation, paying the salaries of staff and wages of offenders if the cash balance in the Fund for Prison Industries is below the average monthly expenses for the operation of prison industries; (e) To advertise and promote the goods produced and services provided by prison industries; or (f) For any other purpose authorized by the Legislature. 2. Before money in the Fund may be expended, the Director shall submit a proposal for the expenditure to the State Board of Examiners. 3. Upon making a determination that the proposed expenditure is appropriate and necessary, the State Board of Examiners shall recommend to the Interim Finance Committee, or the Senate Standing Committee on Finance and the Assembly Standing Committee on Ways and Means when the Legislature is in general session, that the expenditure be approved. Upon approval of the appropriate committee or committees, the money may be so expended. 4. If any money in the Fund is used as described in paragraph (d) of subsection 1, the Director shall repay the amount used as soon as sufficient money is available in the Fund for Prison Industries. 5. The interest and income earned on the money in the Fund, after deducting any applicable charges, must be credited to the Fund. 6. As used in this section, Fund means Fund for New Construction of Facilities for Prison Industries.
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