(a) The Texas industry-recognized apprenticeship fund is a dedicated account in the general revenue fund.
(b) The following amounts shall be deposited in the fund:
(1) money appropriated by the legislature for the fund for purposes described by this subchapter;
(2) interest earned on the investment of money in the fund; and
(3) gifts, grants, and other donations received for the fund.
(c) The fund may be used only for an apprenticeship program that meets the requirements of Section 302.255.