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(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a miscellaneous fund to be known as the “Electrical Energy Advancement Program Fund”.
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(b) The fund shall consist of:
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(1) Funds provided by law;
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(2) Grants made by any person or federal government agency; and
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(3) Other funds that become available through energy programs.
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(c) The fund shall be used by the Arkansas Statewide Energy Consortium under the Electrical Energy Advancement Program, § 6-61-1501 et seq., to provide opportunities for Arkansas citizens to legitimately pursue high-technology and knowledge-based jobs in the electrical energy sector of Arkansas by providing a statewide, collaborative educational system focused on this sector.
