(1) There is herebycreated in the State Treasury a special fund, which shall be knownas the Correctional Training Revolving Fund. This fund shall be usedto develop and implement the comprehensive correction training programauthorized in Chapter 509, Laws of 1990. These funds may be used toconstruct and renovate training facilities, purchase training equipmentfor the hiring of instructors, and to pay operating expenses to accomplishand fulfill the purposes of the training program.
(2) The Commissionerof Corrections shall establish guidelines for the use and accountabilityof such funds.