(1) There is created an expendable special revenue fund known as the "Timber Fund."
(2) The fund described in Subsection (1) shall consist of:
(a) money received from the disposal of timber prepared for sale from public lands;
(b) money voluntarily donated or contributed to the fund; and
(c) interest earned on the fund.
(3) The DLM may expend money in the fund for the purposes of:
(a) planning and preparing timber for disposal;
(b) the administration of timber sales;
(c) site preparation and reforestation;
(d) wildfire suppression and rehabilitation on forested public land; and
(e) overhead and direct costs associated with timber management.