(1) All fees received by the board and collected under KRS 319C.060 and 319C.090, the administrative regulations promulgated in accordance with KRS 319C.080, and all penalties assessed in accordance with KRS 319C.110 or 319C.990 shall be deposited in the State Treasury and credited to a trust and agency fund to be used by the board in defraying the costs and expenses of the board's administration of this chapter. Notwithstanding KRS 45.229, no part of this fund shall revert to the general fund of the Commonwealth.
(2) The board may employ personnel and may purchase such materials and supplies as it may deem necessary for the proper discharge of its duties.