Sec. 3. (a) The residential water testing fund is established to test the water supply of an individual property owner of an eligible township. The fund shall be administered by the state department.
(b) The fund consists of:
(1) money appropriated to the fund by the general assembly;
(2) donations;
(3) gifts; and
(4) money received from any other source, including transfers from other:
(A) funds; or
(B) accounts.
(c) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested.