1. All fees provided for in this chapter shall be payable to the director of the division of professional registration who shall keep a record of the account showing the total payments received and shall immediately transmit same to the department of revenue for deposit in the state treasury to the credit of a fund to be known as the “State Board of Podiatric Medicine Fund”. All the salaries and expenses for the operation of the board shall be appropriated and paid from such fund; provided, however, the board shall create no expense exceeding the sum received from time to time as fees as provided by law. Any funds remaining in the state board of podiatry fund on August 28, 1995, shall be transferred to the state board of podiatric medicine fund.

2. The provisions of section 33.080 to the contrary notwithstanding, money in this fund shall not be transferred and placed to the credit of general revenue until the amount in the fund at the end of the biennium exceeds two times the amount of the appropriation from the board’s funds for the preceding fiscal year or, if the board requires, by rule, permit renewal less frequently than yearly, then three times the appropriation from the board’s funds for the preceding fiscal year. The amount, if any, in the fund which shall lapse is that amount in the fund which exceeds the appropriate multiple of the appropriation from the board’s funds for the preceding fiscal year.