(1) There is created a restricted account within the General Fund known as the "Corrections Facility Expansion Restricted Account."
(2) The restricted account shall consist of:
(a) the portion of appropriations from new legislation for the Department of Corrections for:
(i) any state correctional capital facilities costs; and
(ii) beginning the second fiscal year of a bill's implementation, one time savings that occur from delayed estimated fiscal impacts of increases in the population level of state correctional facilities;
(b) interest, dividends, or other earnings attributable to the restricted account; and
(c) additional money appropriated by the Legislature.
(3) The Legislature may appropriate money from the restricted account only for the purpose of expanding existing, or constructing new, state correctional facilities.