(1) There is a federal special revenue account in the state treasury to the credit of the office of the secretary of state.
(2) Money provided to the state for the purposes of implementing provisions of Public Law 107-252, the Help America Vote Act of 2002, must be deposited in the account.
(3) Money in the account may be used only for the purposes specified by the federal law under which the money was provided.
(4) In accordance with 5-11-210 and by September 1 every year, the office of the secretary of state shall present a report to the state administration and veterans' affairs interim committee on how much money is received in the special account and how the funds are used.