(1) There is created an expendable special revenue fund known as the "Electrical Energy Development Investment Fund."
(2) The fund consists of:
(a) property tax differential revenue collected under Section 79-6-1104;
(b) revenue from the radioactive waste facility expansion tax collected under Section 59-24-103.8; and
(c) revenue from a tax on new generators of radioactive waste as described in Subsection 59-24-103.5(3).
(3) The council shall:
(a) administer the fund; and
(b) use fund money only as authorized under Section 79-6-1106.