(1) There is created an expendable special revenue fund known as the "Grazing Land Fund."
(2) The fund shall consist of:
(a) money received from grazing fees, as described in Section 63L-8-402;
(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:
(a) on-the-ground range rehabilitation, protection, and improvements on public land that is grazed;
(b) seeding and reseeding;
(c) fence construction;
(d) weed control;
(e) water development;
(f) fish and wildlife habitat enhancement;
(g) wildfire suppression; and
(h) overhead and direct costs associated with rangeland and grazing management.