(1) 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 “Arkansas Wireless Information Network Financing Fund”.
(2) The fund shall consist of bond revenues, driver's license fees, general revenues, and other moneys as authorized by law.
(3) The fund shall be used for maintenance, repair, upkeep, replacement, contracting expenses, and tower repair and replacement for the Arkansas Wireless Information Network.